"About the prize this year: Roth's work is relatively recent and I have not caught up with it. Shapley's work was done in the early 1950s. The "Shapley value" was considered basic at the time. But game theory has had rather little use in macroeconomics, labor economic and public economics. It is good to see the prize awarded for conceptual and theoretical advances. The problem is that the prevailing concepts and theories are still oriented toward rational expectations, economic equilibrium and economic efficiency. These concepts and theories are not meeting the need for a foundation suited to the dynamism and consequent originality and indeterminacy of the modern world. It is worrying that our most influential educational institutions are not nurturing and promoting modern thinking."