UCLA professor Lloyd Shapley wins Nobel economics prize

Lloyd Shapley, a UCLA professor emeritus of mathematics and economics, and a Harvard University professor were awarded the Nobel economics prize for their joint research, the Royal Swedish Academy of Sciences announced Monday.

Shapley and Alvin Roth, an economics professor at Harvard, received the award for their work explaining the algorithm behind how different actors match up ““ for example, how human organs get paired with transplant recipients, according to a press release from the academy.