Thomas Schelling won the Nobel prize in economics in 2005 for his work on game theory in relation to conflict resolution and avoiding war. Last week, his family auctioned off his medal and donated the $187,000 in proceeds to a cause close to his heart. "For that reason, he and I have been longtime supporters of the Southern Poverty Law Center and it was Tom's wish that his Nobel medal be auctioned off and the proceeds donated to the SPLC. Schelling was considered one of the foremost experts in game theory regarding nuclear arms strategy. According to Sanders Auctions, the medal has "T.C.

Source: CNN June 02, 2018 21:59 UTC