Thursday, October 20, 2005

Thomas Schelling Wins Nobel Prize for Economics

Thomas C. Schelling won this year's Nobel Prize for economics, and about time, too.

Schelling's article1 on racial segregation, the earliest agent model of which I am aware, was what started my interest in agent modeling, finite autonoma and other ways of generating complexity from simple rules.

The University of Maryland press release is here, which points to some of his other big works. It looks like I have more reading to do...

[1] Schelling, T. 1969. “Models of Segregation.” American Economic Review 59:488-493.

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