Roger B. Myerson

Facts

Roger B. Myerson

© The Nobel Foundation Photo: U. Montan

Roger B. Myerson
The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007

Born: 29 March 1951, Boston, MA, USA

Affiliation at the time of the award: University of Chicago, Chicago, IL, USA

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

Contribution: In the 1970s, the formulation of the "revelation principle" (a way of simplifying the search for a feasible mechanism) and implementation theory led to great advances of mechanism design. He developed this principle to perfection and pioneered its application to economic problems such as auctions and regulations.

Prize share: 1/3

To cite this section
MLA style: Roger B. Myerson – Facts. NobelPrize.org. Nobel Media AB 2019. Sun. 17 Nov 2019. <https://www.nobelprize.org/prizes/economic-sciences/2007/myerson/facts/>

Back to top Back To Top Takes users back to the top of the page

Learn more

Nobel Prizes 2019

Fifteen laureates have been awarded this year, for achievements that have conferred the greatest benefit to humankind.

Their work and discoveries range from how cells adapt to changes in levels of oxygen to our ability to fight global poverty.

See them all presented here.
2019 Nobel Laureates

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.