Robert Aumann and Thomas Schelling: Conflict and cooperation through the lens of game theory
The Prize in Economic Sciences 2005: supplementary information to press release. Robert Aumann and Thomas Schelling have contributed to enhancing our understanding of conflict and cooperation. They have achieved this by extending and applying game theory â a method used to analyze strategic interaction among different agents. Their work has transformed the social sciences far beyond the boundaries of economics. AumannâÂÂs and SchellingâÂÂs research continues to shape the debate on the formation of social institutions.