Sen, Arunava

The theory of mechanism design: an overview - 2007 - p.8-13. - 8 Dec

There us-based economists have been awarded the Nobel Prize for economics for 2007 for laying the foundations of mechanism design theory. A description and discussion of this theory, its importance and the work of the award-winning economists, Mechanism design could help policymaking in a number of areas, one potential area is in drawing up the rules for land acquisition.- Reproduced.


Economics