Economics and Mechanisms Economics, economic theory, and mechanism design

12Oct/090

Swedish National Bank’s Prize in memory of Alfred Nobel, 2009

Congratulations to Elinor Ostrom and Oliver Williamson for the honor they received. I wish I had time to discuss this properly right now, but class prep is calling. Meanwhile, here is a post by Alex Tabarrok on Wiliamson and one on Ostrom. I should also mention that my book, A Toolbox for Economic Design, discusses Ostrom's work.

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