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(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."
      

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Hurwicz, 90, 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. He was retired from the University of Minnesota.

Leonid Hurwicz, oldest Nobel winner, dies

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