Criticism of Nobel Laureates

Two American economists who won the Nobel Prize in Economics for their game theory issued a joint statement criticizing Harvard professor Mark Ramseyer for justifying recruiting comfort women in the Japanese military.

On the 28th of last month (local time) Paul Millgram, a professor at Stanford University Business School and Alvin Ross, a Harvard Business School professor, criticized in a statement that “game theory cannot rationalize Professor Ramsey’s argument.”

They emphasized, “Whether Professor Ramsey’s historical interpretation of the victims of Japanese military comfort women is justified will be judged by the evidence.”

Professor Milgram is a scholar recognized as an authority in various fields of economics such as auction and incentive theory, industrial economics, economic history, and game theory. Last year, he jointly won the Nobel Prize in Economics for his auction theory, which studies the characteristics of the auction market and people’s behavior. Prof. Ross also co-winning the Nobel Prize in Economics in 2012 for his research in the field of market design along with game theory.

As Nobel Prize winners in Economics have repeatedly criticized Professor Ramsey, the logical loopholes of the thesis on the’Gender Contract in the Pacific War’ published in the International Review of Legal Economics (IRLE) are likely to become more prominent. In this paper, Professor Ramsayer, who majored in law, rationalized the Japanese military comfort women contract using the game theory of economics.

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