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Lloyd S. Shapley, Nobel Laureate in Economics, Dies at 92 (RAND Corporation)

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(Source: RAND Corporation) FOR RELEASE Monday March 14, 2016 Lloyd Shapley in a RAND photograph from relatively early in his career Lloyd S. Shapley, a longtime RAND Corporation researcher and UCLA professor who was a leading expert in the study of strategic decisionmaking called 'game theory,' sharing the Nobel Prize in economics for his work on the subject, died Saturday. He was 92. Shapley, whose health rapidly declined after he broke a hip a few weeks ago, died in his sleep in Tucson, Arizona, where a son lives. 'Lloyd Shapley, who is credited with naming the book and film 'A Beautiful Mind,' indeed possessed one of his own,' said Michael D. Rich, president...

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