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Financial Rounds (Free subscription) | 16/10/2007
Once again, I guessed wrong - Fama once again didn't get the nod. Instead, the prize went to three Americans who were instrumental in developing and forwarding the economics sub-field know as "mechanism design". Congratulations to Leonid Hurwicz of the U of Minnesota, Roger Myerson of the U of Chicago, and Eric S. Maskin, a professor at the Institute for Advanced Study in Princeton. For more about...
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Red State (Free subscription) | 15/10/2007
Warmest congratulations to Leonid Hurwicz (emeritus, University of Minnesota), Eric Maskin (Princeton's IAS) and Roger Myerson (University of Chicago) on winning this year's Nobel Memorial Prize in Economics. Story here. Building on ideas originally proposed by Hurwicz, the prizewinning work relates to imperfections in information flow in free markets. Orthodox neoclassical economics holds that perfectly-free...
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University of Chicago News Office (Free subscription) | 15/10/2007
Roger B. Myerson, the Glen A. Lloyd Distinguished Service Professor in Economics, was awarded the Nobel Prize in Economics Monday "for having laid the foundations of mechanism design theory." Myerson earned one-third of the prize along with colleagues Leonid Hurwicz of the University of Minnesota and Eric S. Maskin of Princeton University.
