Nobel Peace Prize
Game Theory and Divorce
The Nobel Prize For Game Theory, And Why We Should Care
Funny thing: I recently (2005) met K.C. Cole, a writer I have long admired, and bought her book "The Universe and the Teacup: the Mathematics of Truth and Beauty." In her elegant way, K.C. explains game theory for the layman, and I am shocked to discover it has been around for over 50 years. Heartened to discover that the Nobel prize just awarded was for this research!
In it, many scientists have done research with groups of people in situations where there is less of something than existing demand, and modeled the way people deal with this (common) scenario.
They have come up with ways to assign differing values, to, say, the house in a divorce case, so that the non dollar values (which we all know are the real drivers in most cases) are dealt with.
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Lawyers Nobel Peace Prize
I am sure I don't have to put links to the news that President Barack Obama has won the Nobel Peace Prize. I just want to point out that he is a lawyer known for his peacemaking and problem-solving. If anyone doubts that this movement is growing, consider that.
(Ten years ago, one of my measurable results in designing my project for transforming the legal system was that a lawyer would win the Nobel Peace Prize. Check that one off.)