Alvin Elliot Roth, Nobel Prize in Economic Sciences, 2012

http://en.wikipedia.org/wiki/Alvin_E._Roth

Alvin Elliot Roth (born December 19, 1951) is an American economist who is currently a visiting professor at Stanford University as well as George Gund Professor of Economics and Business Administration (on leave) at Harvard Business School. He plans to take up a permanent position at Stanford at the beginning of 2013.

Roth has made significant contributions to the fields of game theory, market design and experimental economics, and is known for his emphasis on applying his economic theory to solutions for "real-world" problems.

In 2012, he won the Nobel Memorial Prize in Economic Sciences jointly with Lloyd Shapley "for the theory of stable allocations and the practice of market design".