Der Ökonom Thomas Schelling, Nobelpreisträger des Jahres 2005, hat ein beeindruckendes Gesamtwerk verfasst. Die von ihm behandelten Themen sind im weiteren Sinne institutionenökonomischer Natur. Sie reichen von militärstrategischen Fragen über Phänomene gelingenden oder misslingenden...

Schelling argues that future generations will be able to bear the cost of curtailing greenhouse gas emissions more easily than the present generation.

Prediction markets are markets for contracts that yield payments based on the outcome of an uncertain future event, such as a presidential election. Using these markets as forecasting tools could substantially improve decision making in the private and public sectors. We argue that U.S....

As economists, we believe that the Second Circuit's ruling, by not allowing the consideration of important information about the relationships between the benefits and costs of alternatives, is economically unsound. In particular, we believe that, as a general principle, regulators cannot make...

In October 2010, a group of leading thinkers on environmental policy met at the Sustainable Consumption Institute at the University of Manchester for a conference in honour of Nobel Laureate Tom Schelling. This column presents a 10-point guideline for climate change policy co-authored by 26...

I was born April 14, 1921, in Oakland California, spent most of my boyhood in California, with three years in the east and two in the Panama Canal Zone, my father being a naval officer. I attended the University of California, Berkeley (with two years out in Chile), graduating in economics in...

Interview with the 2005 Laureates in Economics, Robert J. Aumann and Thomas C. Schelling, December 6, 2005. Interviewer is Rupini Bergstrom, journalist.

Nobel Prize Lecture, December 8, 2005