December 2016 Current Affairs
9 DEC
NEWS
8 DEC
NEWS
7 DEC
NEWS
6 DEC
NEWS
5 DEC
NEWS

November 2016 Current Affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS

October 2016 Current Affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current Affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current Affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS

Lloyd Stowell Shapley, Nobel Prize winner in Economics, died

Lloyd Stowell Shapley, Nobel Prize winner in Economics, died
14 March 2016 Current Affairs: Lloyd Stowell Shapley, an American mathematician and Nobel Prize-winning economist, died on 12 March 2016. He was 92.Shapley, who contributed to the fields of mathematical economics and especially game theory, won the Nobel Prize for economics in 2012. He made fundamental contributions to economic theory and game theory.His work is central to the modern understanding of competitive behavior and its game theoretic underpinnings.In 1967, he, along with Bondareva, proposed the Bondareva-Shapley theorem. This work introduced the notion of “balanced,” a key notion to this day for understanding when games have nonempty cores.His interest areas include Non-cooperative market models, political games, cost allocation and organization theory.He, along with Alvin Roth, won the Nobel Prize for his work on the theory of stable allocations and the practice of market design.The theory offers solution to a key economic problem - How to bring different players together in the best possible way.Alvin Roth used Shapley's theoretical results to explain how markets function in practice. Through empirical studies and lab experiments, Roth and his colleagues demonstrated that stability was critical to successful matching methods.Roth also developed systems for matching doctors with hospitals, school pupils with schools, and organ donors with patients.Apart from the Nobel, he won innumerable awards and honours that include John von Neumann Theory Prize and Golden Goose Award in 1981 and 2013 respectivel


December 2016 Current affairs
9 DEC
NEWS
8 DEC
NEWS
7 DEC
NEWS
6 DEC
NEWS
5 DEC
NEWS

November 2016 Current affairs
30 NOV
NEWS
29 NOV
NEWS
28 NOV
NEWS
26 NOV
NEWS
25 NOV
NEWS
24 NOV
NEWS




October 2016 Current affairs
31 OCT
NEWS
27 OCT
NEWS
26 OCT
NEWS
25 OCT
NEWS
24 OCT
NEWS
22 OCT
NEWS

September 2016 Current affairs
30 SEP
NEWS
29 SEP
NEWS
28 SEP
NEWS
27 SEP
NEWS
26 SEP
NEWS
24 SEP
NEWS

August 2016 Current affairs
31 AUG
NEWS
30 AUG
NEWS
29 AUG
NEWS
27 AUG
NEWS
26 AUG
NEWS
25 AUG
NEWS



FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2016 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.

Get Daily Current Affairs to your Email

You can Unsubscribe us at any time.