Games - Lloyd Shapley

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	Games - Lloyd Shapley

Lloyd Stowell Shapley, (Cambridge, Massachusetts, June 2, 1923 - ) is a professor Emeritus at UCLA of economics. He has contributed to the fields of statistics and especially game theory. After serving in the army for two years during World War II, from 1943 to 1945, he graduated from Harvard University in 1948 and worked at the RAND corporation for a short time before going to Princeton University where he received a Ph.D. in 1953. His thesis and post-doctoral work continued the ideas of Francis Ysidro Edgeworth introducing the Shapley value and the core solution concept in game theory. After graduating, he remained at Princeton for short time before going back to the RAND coporation from 1954 to 1981. He married Marian Ludolph in 1955 (with whom he has two sons, Peter and Christopher). Since 1981 he has been a professor at UCLA.

Along with the Shapley value, the Bondareva-Shapley Theorem (which implies that convex games have non-empty cores) bears his name.

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