A propos the Economics Prize
Stefan Engevall, Department of Science and Technology, has applied Nobel Prize winner Lloyd Shapley’s theories in his transport research. Was it a good choice of prize winner?
“Of course I think it’s great that the prize once again brings the spotlight onto game theory research. Since the nineties several of the Economics prizes have dealt with just that. 1994, 2005 and 2007 and now once more,” he says.
Engevall himself, in his research on transport planning, based his work on cooperative game theory, which is what brought Lloyd Shapley this year’s Nobel Prize in Economics, together with Alvin Roth.
When the winners were announced on Monday he was able to look up at the bookshelf in his office at the Department of Science and Technology on Campus Norrköping and know that it contains what are now highly sought after titles.
“Including one that Roth wrote about Shapley and which is impossible to get hold of now,” he says, sounding pleased.
This year’s Nobel Prize for Economics deals with allocation in different types of cooperation, how best to match different participants. And game theory will become even more important if the world is to succeed with cooperation around sustainability,” Engevall says.
“If we take the theories up a level, we see that they will play an extremely important role in the future. Especially regarding questions of sustainability and the environment, we have to achieve forms of cooperation where the partners involved perceive dividing up costs or sacrifices as fair.
On a more down to earth level Shapley’s theories, the “Shapley value” and cooperative game theory are extremely useful. In transport planning, for example.
Engevall’s doctoral thesis looks at how the costs of petrol transport can be divided up fairly from the petrol stations’ perspective.
“I based this on the theories that Shapley developed back in 1953.”
“Nowadays his theories are well-established concepts; the Shapley value is a clear reference that everyone understands - but as researchers, we like to have a slightly bigger challenge. We are trying to find alternative methods and develop our own calculations. It’s more fun when it’s difficult,” Engevall says.
And with that he reveals that together with a research colleague he decided just last week to give up on Shapley in an article they are currently working on.
“But with this year’s Nobel Prize we had better have another think...”
LiU researchers have joined international calls for a boycott of scientific conferences in the US.
Psychology students took on role of treaters in a study of perfectionism and internet-delivered cognitive behavioural therapy.
Social value creation is on the agendas of more and more companies and organisations. Erik Jannesson, senior lecturer in management control, has just published a book on the subject.
Rolf Holmqvist is one of 17 researchers who are critical to guidelines for the treatment of depression and anxiety.
Malin Thor Tureby was keynote speaker at an international conference on oral history.
Cats that meow with a dialect have caused a sensation in the world media. Robert Eklund, a linguist who works with cats at the Department of Culture and Communication, has lost count of the number of times the work has been reported in the media.
On 6 December, a Farewell Mingle was held for departing exchange students who have studied at Linköping University.
"We have a global and critical perspective that attracts today's students," says Stefan Jonsson, professor at REMESO, about the Faculty of Arts and Science’s first international master’s programme at REMESO in Norrköping - Ethnic and Migration Studies.
Achieving perfect health has become a religion in the western world, according to a newly published study. Barbro Wijma, professor emerita and physician with many years of experience meeting patients, views this development with dismay.
Skin colour matters, also in Sweden. But many people don’t accept that racism is a problem here – only in other countries. So claims doctoral student Victoria Kawesa, who writes about black feminism and whiteness in Sweden.
Johanna Sköld from Child Studies at Linköping University co-organised an international workshop where researchers compared various models of compensation for institutional neglect and abuse.
Anna Lindström and Monika Lopez of the Department of Culture and Communication applied earlier this year for funding for an initiative in an issue relating to refugees. The funding was granted, and the “Tomorrow’s Nobel laureates” project was born.
Suad Ali, expert on Sweden’s refugee quota, works tirelessly for refugees worldwide. For her dedication she has been chosen as one of Linköping University’s two Alumni of the Year.
Thomas Lunner’s research has given improved hearing to millions of people with impaired hearing. He has been chosen as one of this year’s Alumni of the Year.
Last updated: 2017-02-13