Marinov, Eduard (2008): Нобеловата награда за икономика за икономика 2007: Теорията за икономическите механизми. Published in: Nauka No. 3/2008, ISSN 0861-3362 (February 2008): pp. 19-26.
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Abstract
The paper discusses the main contributions of the Nobel prize in economics laureates for 2007 Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson "for having laid the foundations of mechanism design theory". The paper presents the main concepts and applications of the mechanism design theory.
Item Type: | MPRA Paper |
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Original Title: | Нобеловата награда за икономика за икономика 2007: Теорията за икономическите механизми |
English Title: | The Nobel Price for Economics 2007: The Design of Economic Institutions |
Language: | Bulgarian |
Keywords: | Nobel prize in Economics, Hurwicz, Maskin, Myerson, mechanism design theory |
Subjects: | B - History of Economic Thought, Methodology, and Heterodox Approaches > B0 - General B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B20 - General B - History of Economic Thought, Methodology, and Heterodox Approaches > B3 - History of Economic Thought: Individuals > B31 - Individuals |
Item ID: | 60294 |
Depositing User: | Dr. Eduard Marinov |
Date Deposited: | 03 Dec 2014 19:29 |
Last Modified: | 28 Sep 2019 16:39 |
References: | Baron, D. and R. Myerson. 1982. “Regulating a monopolist with unknown costs”, Econometrica 50, 911-930. Baliga, S. and E. Maskin. 2003. “Mechanism design for the environment”, in K. Mäler and J. Vincent (eds.), Handbook of Environmental Economics. Elsevier Science, Amsterdam. Laffont, J.-J. and E. Maskin (1979): “A differentiable approach to expected utility-maximizing mechanisms”, in Laffont (ed.), Aggregation and Revelation of Preferences. North-Holland, Amsterdam. Dasgupta, P., P. Hammond and E. Maskin. 1979. “The implementation of social choice rules: some general results on incentive compatibility”, Review of Economic Studies 46, 181-216. Hurwicz, L. 1960. “Optimality and informational efficiency in resource alloca¬tion processes”, in Arrow, Karlin and Suppes (eds.), Mathematical Methods in the Social Sciences. Stanford University Press. Hurwicz, L. 1972. “On informationally decentralized systems”, in Radner and McGuire, Decision and Organization.North-Holland,Amsterdam. Hurwicz, L. 1973. “The design of mechanisms for resource allocation”, American Economic Review 63, Papers and Proceedings,1-30. Hurwicz, L. and D. Schmeidler. 1978. “Construction of outcome functions guar¬anteeing existence and Pareto-optimality of Nash equilibria”, Econometrica 46: 1447-1474. Maskin, E. 1977. “Nash equilibrium and welfare optimality”. Paper presented at the summer workshop of the Econometric Society in Paris, June 1977. Published 1999 in the Review of Economic Studies 66, 23-38. Maskin, E. and J. Riley. 1984. “Monopoly with incomplete information”, RAND Journal of Economics 15, 171-196. Maskin, E. and J. Riley. 1984. “Optimal auctions with risk-averse buyers”, Econometrica 52, 1473-1518. Maskin, E. 1992. “Auctions and privatization”, in H. Siebert (ed.), Privatiza¬tion: Symposium in honor of Herbert Giersh. Mohr (Siebek), Tubingen. Maskin, E. and J. Tirole. 1999. “Unforeseen contingencies and incomplete con¬tracts”, Review of Economic Studies 66, 84-114. Maskin, E. and J. Moore. 1999. “Implementation and renegotiation”, Review of Economic Studies 66, 39-56. Maskin, E. and T. Sjöström. 2002. “Implementation theory”, in K. Arrow, A.K. Sen and K. Suzumura (eds.), Handbook of Social Choice and Welfare, Vol. 1. Elsevier Science, Amsterdam. Myerson, R. 1979. “Incentive compatibility and the bargaining problem”, Econometrica 47, 61-73. Myerson, R. 1981. “Optimal auction design”, Mathematics of Operations Re¬search 6, 58-73. Myerson, R. 1982. “Optimal coordination mechanisms in generalized principal-agent problems”, Journal of Mathematical Economics 11, 67-81. Myerson, R. 1983. “Mechanism design by an informed principal”, Econometrica 52, 461-487. Myerson, R. 1986. “Multistage games with communication”, Econometrica 54, 323-358. Myerson, R. 1989. “Mechanism design”, in J. Eatwell, M. Milgate and P. New¬man (eds.), The New Palgrave: Allocation, Information and Markets.Norton, New York. Myerson, R. and M. Satterthwaite. 1983. “Efficient mechanisms for bilateral trading”, Journal of Economic Theory 28, 265-281. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/60294 |