[lbo-talk] more on the econ Nobel

Michael Pugliese michael.098762001 at gmail.com
Tue Oct 11 08:07:45 PDT 2005


http://www.google.com/search?q=Thomas+C.+Schelling+wolfowitz http://www.germanlawjournal.com/article.php?id=312 German Law Journal No. 9 (1 September 2003) - Special Edition Creed, Cabal, or Conspiracy � The Origins of the current Neo-Conservative Revolution in US Strategic Thinking
>... (28) Waltz refers to nuclear weapons as "a great force for peace"
and argues for their wide distribution.

http://www.ufppc.org/content/view/3476/

NEWS: Nobel Prize winner says 'main use' of Iranian nuclear weapons would be deterrence Written by Donna Quexada Tuesday, 11 October 2005

American papers like the Chicago Sun-Times took a mostly benign view of the results of the game theory work behind the Nobel Prizes in Economic Sciences for Thomas Schelling and Robert Aumann that were announced Monday.[1] -- Schelling's "use of game theory explains why no nation would use a nuclear weapon because retribution would be assured," wrote Michael Muskal and Ken Ellingwood. -- But the London Financial Times had a less rosy perspective: "[Schelling's] 1960 book, The Strategy of Conflict, highlighted the importance of precommitment, brinkmanship, and credible threats as strategic weapons in a tense stand-off between two parties. . . . Credible threats could also be made with brinkmanship, gradually increasing the probability of a conflict, Mr. Schelling observed . . ."[2] -- The New York Times noted that "[a]n article that Mr. Schelling wrote prompted the director Stanley Kubrick to make the movie 'Dr. Strangelove,' consulting with Mr. Schelling during the filming."[3] -- "The winners were a surprise," said the Times. "Neither man's name figured in the speculation concerning who this year's winners might be, and game theory has not been recognized in the Nobel awards since 1994." -- But it did not quote Mr. Schelling's interesting, if curious, observation about Iran, currently in the sights of the Bush administration for its allegedly aggressive alleged pursuit of nuclear weapons: "Iran's main use of nuclear weapons is [sic] to hold them in reserve or as a deterrent to make sure they do not get into a war with the United States or Russia."[1] ...

1.

TWO GAME THEORISTS WIN THE NOBEL PRIZE FOR ECONOMICS By Michael Muskal and Ken Ellingwood

** Thomas Schelling's and Robert Aumann's work sheds light on conflict and cooperation. **

Chicago Sun-Times October 11, 2005

http://www.suntimes.com/output/news/cst-nws-nobel11.html

NOBEL PRIZE FOR 'GAME THEORY' THINKERS By Chris Giles

Financial Times (UK) October 11, 2005

http://news.ft.com/cms/s/069a9e94-39f3-11da-806e-00000e2511c8.html



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