Roger Myerson (born 1951)

Born 1951 CE.

Roger Bruce Myerson (born March 29, 1951) is an American economist and a Distinguished Service Professor at the University of Chicago's Harris School of Public Policy. In 2007, he was the winner of the Nobel Memorial Prize in Economic Sciences with Leonid Hurwicz and Eric Maskin for "having laid the foundations of mechanism design theory". He was elected a Member of the American Philosophical Society in 2019. In particular, by extending the revelation principle to accommodate incomplete information environments, Myerson proved that complex regulatory and auction environments, as treated in auction theory, can be reduced to incentive-compatible direct mechanisms.

Text from the Wikipedia article Roger_Myerson, licensed CC BY-SA 4.0.

Everything else in 1951 CE

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