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GAME THEORY / RESEARCHER PROFILE
Roger Myerson
Mechanism design • Incentives • Revelation principle
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About this scholar
Myerson made fundamental contributions to mechanism design: choosing rules under which self-interested participants have incentives to report information and behave as desired. He shared the 2007 Nobel Memorial Prize.
Example in practice
An auction can be designed so that participants face predictable incentives to bid truthfully.
Sources and further reading
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