I’m looking forward to all the ways the media will butcher their work – mechanism design is not the easiest to explain to a lay audience.
The Royal Swedish Academy of Sciences has decided to award The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007 jointly to
University of Minnesota, MN, USA,
Eric S. Maskin
Institute for Advanced Study, Princeton, NJ, USA
Roger B. Myerson
University of Chicago, IL, USA
“for having laid the foundations of mechanism design theory”.