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With whom did Hurwicz share the 2007 Nobel Memorial Prize in Economic Sciences?

  • Paul Samuelson and Oskar Lange

  • Adam Smith and Richard Thaler

  • Eric Maskin and Roger Myerson

  • John Nash and John Harsanyi

Answer

Eric Maskin and Roger Myerson shared the Nobel Memorial Prize in Economic Sciences with Leonid Hurwicz in 2007. The trio was recognized for their groundbreaking research on mechanism design, which explores how to create efficient and fair systems for allocating resources. Their work laid Theoretical foundations for advancements in various fields, including market design, auctions, and voting systems.
The Legacy of Leonid Hurwicz: Mastermind of Economics and Mathematics

The Legacy of Leonid Hurwicz: Mastermind of Economics and Mathematics

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