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October 15, 2007

Three Americans win Nobel prize in economics

(AP) STOCKHOLM, Sweden - Americans Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson won the Nobel economics prize Monday for developing a theory that helps explain how sellers and buyers can maximize their gains from a transaction.

And Russian-born Hurwicz, of the University of Minnesota, is 90 years old.

Posted by Holden Oliver (Kitzbühel Desk) at October 15, 2007 11:59 PM

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