Myerson, Roger Bruce
Roger Bruce Myerson, 1951–, American economist, b. Boston, Mass., Ph.D. Harvard, 1976. He has taught at Northwestern Univ. (1976–2001) and the Univ. of Chicago (2001–). With Leonid Hurwicz and Eric Maskin, Myerson was awarded the 2006 Nobel Memorial Prize in Economic Science. Myerson and Maskin extended Hurwicz's work on mechanism design theory, a branch of game theory (see games, theory of) that examines what rules provide the incentives that produce the most desirable result, enabling social scientists to explain how individuals, institutions, and markets interact. Myerson also has worked on the economic analysis of political institutions and contributed to the understanding of the process of democratization.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Myerson, Roger Bruce. Encyclopedia title: The Columbia Encyclopedia, 6th ed.. © 2012 The Columbia Electronic Encyclopedia © 2012, Columbia University Press. Licensed from Columbia University Press. Used with the permission of Columbia University Press. All Rights Reserved. Publisher: The Columbia University Press. Place of publication: Not available. Publication year: 2013.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.