20.07 Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007
Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson
"for having laid the foundations of mechanism design theory"
I like: "The theory of incentive compatibility that Hurwicz developed changed the way many economists thought about outcomes, explaining why centrally planned economies may fail and how incentives for individuals make a difference in decision making."
ReplyDeleteprof premraj pushpakaran writes -- 2017 marks the 100th birth year of Leonid Hurwicz !!!
I like: "The theory of incentive compatibility that Hurwicz developed changed the way many economists thought about outcomes, explaining why centrally planned economies may fail and how incentives for individuals make a difference in decision making."
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