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Photo of R.J.Aumann

BRIGHTEST JEWISH MINDS. Part 1, by maximillien de lafayette

   PART 1  I  PART 2 I                   

 

THE MAGNIFICENT SEVEN!

"The Brightest Jewish Minds" is a new series, solely developed, to pay tribute and homage to the greatest Jewish minds -men and women- who have enriched our world at so many levels and in numerous fields. Every month, our editorial board selects and adds seven outstanding personalities. Listings are in no particular order.

Photo of R.J.Aumann1-Robert J. Aumann, winner of the Nobel Prize in economics for 2005

The Nobel Prize in economics for 2005  was awarded jointly to Robert J. Aumann of the Hebrew University of Jerusalem, and to Thomas C. Schelling of the University of Maryland, "for having enhanced our understanding of conflict and cooperation through game-theory analysis." The Royal Swedish Academy of Sciences has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 2005, jointly to Robert J. Aumann of the Center for Rationality, Hebrew University of  Jerusalem, and to Thomas C. Schelling of the Department of Economics and School of Public Policy, University of Maryland, College Park, MD, "for having enhanced our understanding of conflict and cooperation through game-theory analysis."  The work of two researchers, Robert J. Aumann and Thomas C. Schelling, was essential in developing non-cooperative game theory further and bringing it to bear on major questions in the social sciences. Approaching the subject from different angles - Aumann from mathematics and Schelling from economics - they both perceived that the game-theoretic perspective had the potential to reshape the analysis of human interaction. Schelling showed that many familiar social interactions could be viewed as non-cooperative games that involve both common and conflicting interests, and Aumann demonstrated that long-run social interaction could be comprehensively analyzed using formal non-cooperative game theory. Especially over the last 25 years, game theory has become a universally accepted tool and language in economics and in many areas of the other social sciences. Current economic analysis of conflict and cooperation builds almost uniformly on the foundations laid by Aumann and Schelling. The theory of repeated games is now the common framework for analysis of long-run cooperation in the social sciences. Applications extend from competing firms which collude to maintain a high price level, and farmers who share pastures or irrigation systems, to countries which enter into environmental agreements or are involved in territorial disputes. Robert Aumann has played an essential role in shaping game theory.

 

He has promoted a unified view of the very wide domain of strategic interactions, encompassing many apparently disparate disciplines, such as economics, political science, biology, philosophy, computer science and statistics. Instead of using different constructs to deal with various specific issues - such as deterrence, perfect competition, oligopoly, taxation and voting - Aumann has developed general methodologies and investigated where these lead in each specific application. His research is characterized by an unusual combination of breadth and depth. Some contributions contain involved analysis while others are technically simple but conceptually profound. His fundamental works have both clarified the internal logic of game-theoretic reasoning and expanded game theory's domain of applicability. Among Aumann's many contributions, the study of long-term cooperation has arguably had the most profound impact on the social sciences. Robert (Yisrael) Aumann was born in Frankfurt, Germany in 1930 and received his PhD in mathematics (1955) from the Massachusetts Institute of Technology (MIT). He has taught mathematics at the Hebrew University of Jerusalem since 1956, currently as Professor Emeritus. Dr. Ron Breiman, Chairman of PSI, wrote: " Robert J. Aumann's has been one of the leading figures in the mathematical surge that has characterized Neo-Walrasian economics and game theory in the past forty years. Aumann entered into economics via cooperative game theory. In Neo-Walrasian theory, Robert Aumann is perhaps best known for his theory of core equivalence in a "continuum" economy. Aumann introduced measure theory into the analysis of economies with an infinite number of agents - formalizing the "perfectly competitive" scenario. In his classical 1964 paper, Aumann proved the equivalence of the Edgeworthian core and Walrasian equilibrium allocations when there are an uncountable infinite number of agents - thereby providing the limit case for future work on core convergence. In order to prove this result was not vacuous, Aumann went on to prove the existence of equilibrium (1966) in this "perfectly competitive" scenario. On his way, he contributed to mathematics itself by providing a definition of the "integral" of a correspondence (1965), which was previously absent. "

Robert Aumann and Yair TaumanPhoto: Game Theory Summer Festival 2004 / Robert Aumann and Yair Tauman , July, 2004.

Previously, Aumann (1962) had swung Ockham's razoe and helped remove the axiom of completeness of preferences from the Walrasian theory of choice. In another classical paper with F.J. Anscombe in 1964, Aumann formalized the notion of "subjective probability", a concept that had been earlier forwarded by Leonard Savage, that profoundly changed the theory of choice under uncertainty.  His contributions to game theory have perhaps been no less path-breaking. Aumann entered game theory in 1959 to carefully distinguish between infinitely and finitely repeated games. With Bezalel Peleg in 1960, Aumann formalized the notion of a coalitional game without transferable utility (NTU) - one of the organizing beacons of his later research. With Michael Maschler (1963), he introduced the concept of a "bargaining set". In 1974, Aumann went on to identify "correlated equilibrium" in Bayesian games. In 1975, Aumann went on to prove a convergence theorem for the Shapley value. In 1976, he formally defined the concept of "Common Knowledge". Also in 1976, in an unpublished paper with Lloyd Shapley, Aumann provided the perfect folk theorem using the limit of means criterion.  For Aumann, game theory is clearly the more "general theory". His ruminations on the role of game theory in economic analysis are wonderfully laid out in Aumann (1985).

Major Works of Robert J. Aumann

  • "Acceptable Points in General Cooperative n-Person Games", 1959, in Contributions to the Theory of Games IV, Annals of Math. Study

  • "Von Neumann-Morgenstern Solutions to Cooperative Games Without Side Payments" with B. Peleg, 1960, Bulletin of the American Mathematical Society.

  • "Acceptable Points in Games of Perfect Information", 1960, Pacific Journal of Mathematics

  • "Linearity of Unrestrictedly Transferable Utilities", 1960, Naval Research Logistics Quarterly

  • "Spaces of Measurable Transformations", 1960, Bulletin of AMS

  • "The Core of a Cooperative Game Without Side Payments", 1961, Transactions of the American Mathematical Society

  • "Almost Strictly Competitive Games", 1961, Journal of the Society for Industrial and Applied Mathematics.

  • "Utility Theory Without the Completeness Axiom", 1962, Econometrica.

  • "A Definition of Subjective Probability" with F.J. Anscombe, 1963, Annals of Mathematical Statistics

  • "The Bargaining Set for Cooperative Games", with M. Maschler, 1964, in Advances in Game Theory,

  • "Mixed and Behavior Strategies in Infinite Extensive Games", 1964, in Advances in Game Theory.

  • Values of Non-Atomic Games, with L.S. Shapley, 1964.

  • "Markets with a Continuum of Traders", 1964, Econometrica.

  • "A Variational Problem Arising in Economics", with M. Perles, 1965, Journal of Mathematical Analysis and Applications.

  • "Integrals of Set-Valued Functions", 1965, Journal of Mathematical Analysis and Applications.

  • "A Method of Computing the Kernel of n-Person Games", with B. Peleg and P. Rabinovitz, 1965, Mathematics of Computation.

  • "Game-Theoretic Aspects of Gradual Disarmament", with M. Maschler, 1966, Mathematica

  • "Existence of a Competitive Equilibrium in Markets with a Continuum of Traders", 1966, Econometrica.

  • "A Survey of Cooperative Games Without Side Payments", 1967, in Essays in Mathematical Economics in Honor of Oskar Morgenstern.

  • "Random Measure Preserving Transformations", 1967, in Proceedings of the Fifth Berkeley Symposium.

  • "Measurable Utility and the Measurable Choice Theorem", 1969, in La D&eacut;cision.

  • "Some Thoughts on the Minimax Principle" with M. Maschler, 1972, Management Science.

  • "Disadvantegous Monopolies", 1973, JET.

  • "Subjectivity and Correlation in Randomized Strategies", 1974, JMathE.

  • Values of Non-Atomic Games, with L.S. Shapley, 1974.

  • "A Note on Gale's Example", with B. Peleg, 1974, JMathE.

  • "Cooperative Games with Coalition Structures", with J. Dréze, 1975, International Journal of Game Theory.

  • "Values of Markets with a Continuum of Traders", 1975, Econometrica.

  • "An Elementary Proof that Integration Preserves Uppersemicontinuity", 1976, JMathE.

  • "Agreeing to Disagree", 1976, Annals of Statistics.

  • "Solution Notions for Continuingly Competitive Situations", with L.S. Shapley, 1976.

  • "Orderable Set Functions and Continuity III: Orderability and Absolute Continuity", with Uri Rothblum, 1977, SIAM Journal on Control and Optimization.

  • "The St. Petersburg Paradox: A Discussion of some Recent Comments", 1977, JET.

  • "Power and Taxes", with M. Kurz, 1977, Econometrica.

  • "Core and Value for a Public Goods Economy: An example", with R.J. Gardner and R.W. Rosenthal, 1977, JET.

  • "On the Rate of Convergence of the Core", 1979, IER.

  • "Recent Developments in the Theory of the Shapley Value", 1978, in Proceedings of the International Congress of Mathematicians.

  • "Survey of Repeated Games", 1981, in Essays in Game Theory and Mathematical Economics in Honor of Oskar Morgenstern

  • "Approximate Purification of Mixed Strategies", with Katznelson, Radner, Rosenthal and Weiss, 1983, Mathematics of Operations Research

  • "Voting for Public Goods", with M. Kurz and A. Neyman, 1983, RES.

  • "An Axiomatization of the Non-Transferable Utility Value", 1985, Econometrica.

  • "Game Theoretic Analysis of a Bankruptcy Problem from the Talmud", with M. Maschler, 1985, JET.

  • "What is Game Theory Trying to Accomplish?", 1985, in Arrow and Honkaphola, editors, Frontiers in Economics.

  • "On the Non-Transferable Utility Value: A Comment on the Roth-Shafer Examples", 1985, Econometrica.

  • "Values of Markets with Satiation or Fixed Prices", with J. Dréze, 1986, Econometrica.

  • "Game Theory", 1987, in New Palgrave.

  • "Power and Public Goods", with M. Kurz and A. Neyman, 1987, JET.

  • "Correlated Equilibrium as an Expression of Bayesian Rationality", 1987, Econometrica.

  • "Endogenous Formation of Links between Players and of Coalitions: An Application of the Shapley value", with R.B. Myerson 1988, in Roth, editor, The Shapley Value.

  • "Cooperation and Bounded Recall", with S. Sorin, 1989, GamesEB.

  • Lectures on Game Theory, 1989.

  • "Nash Equilibria are Not Self-Enforcing", 1990, in Gabszewicz et al, editors, Economic Decision-Making

  • "Irrationality in Game Theory", 1992, in Dasgupta et al, editors, Economic Analysis of Markets and Games, Essays in Honor of Frank Hahn.

  • "Long-Term Competition: A game-theoretic analysis", with L.S. Shapley, 1994, in Gale et al, editors, Essays in Game Theory

  • "Backward Induction and Common Knowledge of Rationality", 1995, GamesEB.

  • Repeated Games of Incomplete Information with M. Maschler, 1995.

_________________________________________________________

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2-Harold Pinter winner of the Nobel literature prize

Photo: Harold Pinter  has won the 2005 Nobel Prize in literature.

 British playwright Harold Pinter, son of a Jewish dressmaker and known for his distinctive juxtaposition of the brutal and the banal in such works as The Caretaker and The Room, won the 2005 Nobel Prize in literature.

The Swedish Academy said Pinter was an author "who in his plays uncovers the precipice under everyday prattle and forces entry into oppression's closed rooms."  In its citation, the academy said the 75-year-old playwright was one who restored the art form of writing plays. His works include The Room, The Birthday Party and The Dumb Waiter and his breakthrough work, The Caretaker. "Pinter restored theatre to its basic elements: an enclosed space and unpredictable dialogue where people are at the mercy of each other and pretence crumbles," the academy said.  Pinter is the first Briton to win the literature award since V.S. Naipaul won it in 2001.

The son of a Jewish dressmaker, Pinter was born in London on Oct. 10, 1930. Pinter has said his encounters with anti-Semitism in his youth influenced him in becoming a dramatist. The wartime bombing of London also affected him deeply, the academy said. The academy's announcement came on Yom Kippur, Judaism's most important holiday. Dubbed the most influential British playwright of his generation, in recent years he has turned his acerbic eye on the United States and the 2003 invasion of Iraq. Most prolific between 1957 and 1965, Pinter relished the juxtaposition of brutality and the banal and turned the conversational pause into an emotional minefield. Dark and peopled with unfortunates, Pinter's idiom was so distinctive that he got his own adjective: "Pinteresque." His characters' internal fears and longings, their guilt and difficult sexual drives are set against the neat lives they have constructed in order to survive. Usually enclosed in one room, they organize their lives as a sort of grim game and their actions often contradict their words. Gradually, the layers are peeled back to reveal the characters' nakedness. In addition to plays, he has written for the cinema, penning such screenplays as The French Lieutenant's Woman, The Accident, The Servant and The Go-Between.

Jack Club CasinoAcademy Permanent Secretary Horace Engdahl said Pinter was overwhelmed when told he had won the prize. "He did not say many words, in fact he was very happy," he said. The academy, founded in 1786 by King Gustav III to advance the Swedish language and its literature, has handed out the literature prize since 1901. To date 102 men and women have received the prize, including France's Jean-Paul Sartre, who declined the 1964 prize.

CONTINUES

 

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