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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007
Leonid Hurwicz, Eric S. Maskin, Roger B. Myerson

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Leonid Hurwicz - Facts

Leonid Hurwicz

Leonid Hurwicz

Born: 21 August 1917, Moscow, Russia

Died: 24 June 2008, Minneapolis, MN, USA

Affiliation at the time of the award: University of Minnesota, Minneapolis, MN, USA

Prize motivation: "for having laid the foundations of mechanism design theory"

Field: microeconomics

Contribution: The pioneer in the field of mechanism design. Formulated a general mathematical framework for analyzing institutions implementing collective decision making.

Prize share: 1/3

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This Prize was established in memory of Alfred Nobel.