The Nobel in economic science was awarded to three American economists for creating and developing a sophisticated explanation of the interaction among individuals, markets and institutions.
Their work, called mechanism design theory, has influenced thinking on a wide range of problems in economics and political science, everything from the arrangement of government bond auctions to setting up patent systems and creating new voting procedures.
Science & Technology
A three-way sex struggle resembling the game rock-paper-scissors may have existed for 175 million years or more in lizards, research now suggests.
Comment: As above - so below. It is fascinating to observe how certain types of behaviour in the animal or plant kingdoms closely parallel those found in humans.
One has to wonder, too - would these imprinted patterns extend to beings of a higher-dimensional nature...?
Boeing has successfully demonstrated that its Avenger-mounted laser system can neutralize the kinds of improvised explosive devices (IEDs) and unexploded ordnance (UXO) that threaten U.S. troops deployed in war zones. During laser firings Sept. 26-27 at Redstone Arsenal in Huntsville, Ala., the Laser Avenger engaged and destroyed five targets representing IED and UXO threats.
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| The laser segment of Laser Avenger will have uses beyond the counter-IED, counter-UXO mission. For instance, it could be upgraded to have a shoot-on-the-move capability and to destroy other kinds of targets, including low-flying unmanned aerial vehicles. |
Comment: Yes, it most certainly could. Afraid yet?
Google Inc. has launched a video-blocking tool that will allow content owners to intercept copyrighted clips as they're uploaded to YouTube, its video-sharing site.
The tool, called YouTube Video Identification, is in beta testing.
"Video Identification is the next step in a long list of content policies and tools that we have provided copyright owners so that they can more easily identify their content and manage how it is made available on YouTube," said David King, YouTube product manager, in the blog post.
The tool, called YouTube Video Identification, is in beta testing.
"Video Identification is the next step in a long list of content policies and tools that we have provided copyright owners so that they can more easily identify their content and manage how it is made available on YouTube," said David King, YouTube product manager, in the blog post.
Scientists at the Stanford University School of Medicine studying the mysteries of sleep have discovered a new model for their research - and it's swimming around their laboratory.
Emmanuel Mignot, the Stanford scientist who discovered the cause of narcolepsy first in dogs and later in humans, has successfully shown that common zebrafish can develop insomnia.
The finding paves the way for future study of humans, who have many of the same sleep-producing chemicals, he said Monday.
Emmanuel Mignot, the Stanford scientist who discovered the cause of narcolepsy first in dogs and later in humans, has successfully shown that common zebrafish can develop insomnia.
The finding paves the way for future study of humans, who have many of the same sleep-producing chemicals, he said Monday.
Gossip may do more to shape a person's opinion than facts they know to be true, even when the chit-chat contradicts the evidence, a study released Monday said.
SLR leader Canon announced Monday it's developing two high-end image-stabilized telephoto lenses, the EF 200mm f/2L IS USM and the EF 800mm f/5.6L IS USM.
New images of a giant planet's satellites taken by the 10-year Cassini probe have excited scientists.
Comment: Saturn is a bit of a star when it comes to space exploration. Here is some additional information for those interested:
Saturn's Moon Iapetus Is the Yin-and-Yang of the Solar System
Saturn Turns 60 - not years, but moons
Hydrocarbons found on Saturn moon Hyperion
POCATELLO, Idaho - Idaho State University anthropologists are retracing American Indian trade routes by bombarding arrowheads and other stone tools with radiation that helps locate their origins.
The skeleton of what could be a new dinosaur species - a giant, Patagonian plant-eater - has been uncovered in Argentina. At more than 105 feet, it is among the largest ever found, scientists said Monday.
Scientists from Argentina and Brazil said the Patagonian dinosaur appears to represent a previously unknown species because of the unique structure of its neck. They named it Futalognkosaurus dukei after the Mapuche Indian words for "giant" and "chief," and for Duke Energy Argentina, which helped fund the skeleton's excavation.
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Scientists from Argentina and Brazil said the Patagonian dinosaur appears to represent a previously unknown species because of the unique structure of its neck. They named it Futalognkosaurus dukei after the Mapuche Indian words for "giant" and "chief," and for Duke Energy Argentina, which helped fund the skeleton's excavation.
Comment: This is another Nobel Prize for work expanding on aspects of the Game Theory.
Interested readers are advised to have a look at Chapter 35 of "Adventures with Cassiopaea" for a fascinating look on what The Prisoner's Dillema, Al Gore and Enron have in common.
(They are all a consequence of - that's right - Game Theory)