4.6 • 32K Ratings
🗓️ 18 June 2015
⏱️ 50 minutes
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0:00.0 | Okay, I'm Al Roth and I'm a professor of economics at Stanford. |
0:13.3 | For many years Roth had taught economics at Harvard but he and his wife, who is a human |
0:18.0 | factors engineer, had relocated. |
0:21.0 | We had just moved into our new apartment. |
0:22.6 | We had moved to Stanford in September of 2012. |
0:26.5 | Shortly thereafter on October 15th, something memorable happened. |
0:31.5 | And my wife woke up around three in the morning and said, the phone's ringing and I woke |
0:37.3 | up and it wasn't ringing anymore. |
0:39.1 | We only had one phone at that point and it was in her office which was downstairs so I |
0:42.3 | said, dear, it's not ringing and I'm back to sleep. |
0:45.2 | And she went down and got the phone and it started ringing again. |
0:47.6 | It turns out it's a good thing they call you back, they don't go down their list. |
0:51.7 | And it was the Nobel Committee. |
0:55.9 | Roth, half asleep, was informed that he, along with Lloyd Shapley, had won the Bank of |
1:01.7 | Sweden Prize in Economic Sciences in Memory of Alfred Nobel. |
1:06.5 | Also known as the Nobel Prize in Economics. |
1:12.0 | Did you think you had a chance? |
1:14.0 | You know, it's hard to answer that humbly. |
1:17.1 | So I knew that I was on the big list of people who, if I want a Nobel Prize, it wouldn't |
1:23.3 | cause the Nobel Committee to be embarrassed. |
1:26.5 | The newspapers the next day would not say craziness in Stomach. |
1:30.9 | But there are many, many people in that category. |
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