Schelling, the empiricist

Thomas C. Schelling, Master Theorist of Nuclear Strategy, Dies at 95

Thomas C. Schelling, an economist and Nobel laureate whose interest in game theory led him to write important works on nuclear strategy and to use the concept of the tipping point to explain social problems, including white flight from urban neighborhoods, died on Tuesday at his home in Bethesda, Md. He was 95. The death was confirmed by Richard Zeckhauser, a former student and colleague. It was while working as an economist in the Truman administration that Professor Schelling became intrigued by the stratagems and negotiating ploys that he observed in international bargaining. ….[READ]