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Leonid Hurwicz, Eric Maskin, Roger Myerson et la Théorie des Mécanismes

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  • Françoise Forges

Abstract

Most economic decisions involve agents who do not share the same information. Suppose a planner wishes to collect the agents’ information and act for them. Is there a synthetic description of the set of all procedures available to the planner? Which are the criteria to be fulfilled by an optimal procedure? Is it possible to design a procedure which necessarily achieves a given outcome? These are topics in mechanism theory. Three prominent representatives of this theory, Leonid Hurwicz, Eric Maskin and Roger Myerson, have received in 2007 the Sveriges Riksbank prize in economic sciences in memory of Alfred Nobel.

Suggested Citation

  • Françoise Forges, 2007. "Leonid Hurwicz, Eric Maskin, Roger Myerson et la Théorie des Mécanismes," Revue d'économie politique, Dalloz, vol. 117(6), pages 873-890.
  • Handle: RePEc:cai:repdal:redp_176_0873
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    Keywords

    Hurwicz; Maskin; Myerson; incentive compatible mechanism; implementation;

    JEL classification:

    • P43 - Economic Systems - - Other Economic Systems - - - Finance; Public Finance

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