The Sixties Catalogue

T h e S I X T I E S 22 The Gale-Shapley Algorithm 20. GALE, David and SHAPLEY, Lloyd. “College Admissions and the Stability of Marriage.” IN: The American Mathematical Monthly. Volume 69, Number 1, pp. 9-15. Menasha, Wisconsin and Buffalo, New York, January, 1962. Octavo, original printed blue paper wrappers. $2750. Click for more info First edition of this groundbreaking early paper by the co-winner of the 2012 Nobel Prize in Economics, Lloyd Shapley. “This year’s prize-winning work encompasses a theoretical framework for analyzing resource allocation, as well as empirical studies and actual redesign of real-world institutions such as labor-market clearinghouses and school admissions procedures… The person chiefly responsible for the development of cooperative game theory is Lloyd Shapley ” (Nobel Prize in Economics 2012). Owner inkstamp to front wrapper. Spine and front wrapper lightly tanned. Near-fine condition. “For any equal number of men and women, it is always possible to solve the StableMarriage Problem and make all marriages stable…”