I can’t improve on this post, so I’ll just plagiarize it wholesale from University of Illinois College of Law Prof. Thomas S. Ulen’s post at the Law and Econ Prof Blog:
I have been returning to the Nobel website periodically to see if Professor Thomas C. Schelling’s Nobel Prize Lecture (he and Robert Aumann won last October’s Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel) had been posted. It has not yet been, but if you have a broadband connection and RealPlayer, you can listen to and watch Professor Schelling’s marvelous address on the practical significance of game theory in deterring nuclear war. The talk is about 42 minutes long. Click here. TSU
I’m pretty sure I’m not the only teacher of economics who is not a master of game theory. I’ve been waiting for the lecture, too. Eventually it will be posted at the Nobel Foundation’s site on the prizes.