Roger Myerson
Roger Myerson | |
|---|---|
Myerson in 2008 | |
| Born | March 29, 1951 Boston, Massachusetts, US |
| Academic background | |
| Alma mater | Harvard University (AB, SM, PhD) |
| Doctoral advisor | Kenneth Arrow |
| Academic work | |
| Discipline | Game theory |
| Institutions | University of Chicago Northwestern University |
| Doctoral students | Scott E. Page Leonard Wantchekon |
| Notable ideas | Mechanism design, Myerson–Satterthwaite theorem, Myerson value |
| Awards | Nobel Memorial Prize in Economic Sciences (2007) |
| Academic background | |
| Thesis | A theory of cooperative games (1976) |
| Website | |
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.