The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007 — Leonid Hurwicz, Eric S. Maskin, and Roger B. Myerson

Royal Swedish Academy of Sciences. (2007). 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.

Type

Web resource

Intellectual base

Web

Year

2007

Link

https://www.nobelprize.org/prizes/economic-sciences/2007/

Cited from

economics_finance

Cited by

4 citations across 4 artifacts.

Primes

• Auction Theory
  • Myerson shared the 2007 Nobel.
• Incentive Compatibility
  • for foundational contributions to mechanism-design theory, with incentive compatibility as its central design property.
• Mechanism Design
  • This framing reflects the field's core achievement: identifying the design problem itself as more fundamental than any single solution.
• Screening
  • Eric Maskin's later implementation-theory work generalized screening to multi-type, multi-agent settings; Maskin shared the 2007 Nobel with Hurwicz and Myerson for mechanism-design foundations

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