Leonid Hurwicz, oldest Nobel winner, dies
(AP) - Nobel Prize winner Leonid Hurwicz has died.
University of Minnesota spokesman Mark Cassutt says Hurwicz died on Tuesday, but didn't immediately have more details.
Hurwicz shared the 2007 Nobel economics prize with two other Americans for developing a theory that helps explain how buyers and sellers can maximize their gains from transactions. At 90, he was the oldest Nobel winner ever.
Hurwicz was given his prize in Minneapolis last December because he couldn't make the trip to Stockholm.
He was a professor emeritus at the University of Minnesota.
University President Robert Bruininks says Hurwicz was "an extraordinary man" who left "a proud and lasting legacy."
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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