4 th Sale nni00 .5401/ Alvin Roth October 4th - 29th r 50% MIK NM ISM NMI MINI MI MN MINI M= NMI Mill MI= NM MI NM OFF msrp on everything in stock* 4U70 OFF msrp on every special order* *Does not include Ekornes R or American Leather, or BDI. Must present coupon. Offer valid October 4-29, 2012 1 ISIS IMF =II MI MIN MEI =II II= MS II= MI INN Hours: Mon, Thur, Fri, Sat 11-7 • Sun 12-5 Tues, Wed by appointment 6644 Orchard Lake Road just south of Maple West Bloomfield 8tudio8 28 world >> briefs (248) 855-1600 www.sherwoodstudiosinc.com October 18 = 2012 Hours: Mon, Thur, Fri, Sat 11-7 Sun 12-5 • Tues, Wed by appointment 1765260 Nobel Prize Goes To Jewish Economist (Haaretz) — Jewish-American econo- mist Alvin Roth and his American colleague Lloyd Shapley were awarded the Nobel Memorial Prize in Economic Science on Monday for their work on market design and matching theory. Their groundbreaking work, which primarily focuses on markets that do not have prices, enables people and companies to find and select one another in everything from marriage to school choice to jobs to organ donations. Roth, 60, is a professor at Harvard University and currently a visit- ing professor at Stanford, while Shapley, 89, is a professor emeritus at University of California Los Angeles (UCLA). Both laureates have strong aca- demic ties to Israel. Roth was a visit- ing professor at Technion Insitute in Haifa and Hebrew University, while Shapley received an honorary doctor- ate from Hebrew University and has worked closely with Israeli Nobel Prize Laureate Robert Auman. David Warsh, who follows aca- demic economists on his Economic Principals blog, told Haaretz that Roth's work has revolutionized the way organs are matched to patients. Before Roth, he said, "there were no economists in that business at all. He's really changed it and saved a lot of lives." The $1.2 million award will be given out by the Royal Swedish Academy of Sciences in December. Israelis Shoot Down Iranian Drone (JTA) — A drone shot down by Israel reportedly transmitted photos of preparations for a military drill between Israel and the United States, and of key weapons sites in Israel. Israeli troops shot down the unmanned aerial vehicle, or UAV, on Oct. 6 over the Negev desert after it entered Israeli airspace near the Mediterranean Sea. The drone was launched from Lebanon in a cooperation between the Iranian Revolutionary Guard and the Lebanon-based terrorist group Hezbollah, the Sunday Times of London reported, citing unnamed sources. Hassan Nasrallah, in a televised speech Oct. 11, admitted to sending the drone, which was followed before being intercepted and shot down in an unpopulated area. The admission came several hours after Israeli Prime Minister Benjamin Netanyahu issued a statement saying that Hezbollah was responsible for launching the drone. Nasrallah said the drone was Iranian-made and "flew over sensitive installations" in Israel, according to Reuters. The Times reported that the drone was the new Shahed-129 introduced in Iran in September, which Tehran says has a range of up to 1,200 miles, can stay aloft for 24 hours and has firepower. Israel Will Stop Finnish Ship (JTA) — Israel has warned Finland that it will stop a ship sailing under the Finnish flag carrying human rights activists attempting to break Israel's naval blockade of Gaza. The Swedish-owned Estelle, carry- ing 17 activists from countries includ- ing Canada, Norway, Sweden, Israel and the United States, is near Crete and expected to reach Gaza in about a week. "Israel said that it would take action to stop the ship from reaching land if it tries to break the blockade," Finnish Foreign Ministry spokesman Risto Piipponen said Oct. 13, accord- ing to the French news agency AFP. "We pointed out that it is a civilian vessel and urged them to practice restraint in any action they take." Part of the Freedom Flotilla move- ment, the Estelle reportedly is carry- ing humanitarian aid such as cement, basketballs and musical instruments. The small vessel began its journey in Sweden and toured Europe, includ- ing Finland, France and Spain, before arriving earlier this month in the Gulf of Naples. The Freedom Flotilla's first attempt to break the blockade ended in the deaths of nine Turkish activists after Israeli Navy commandos on May 31, 2010, boarded the Mavi Marmara, which claimed to be carrying human- itarian aid, after warning the ship not to sail into waters near the Gaza Strip in circumvention of Israel's naval blockade of the coastal strip.