Quote by Eric Maskin
"Markets are merely mechanisms—the real question is what mechanisms we choose to build."
"Markets are merely mechanisms—the real question is what mechanisms we choose to build."
"The beauty of mechanism design is that it aligns individual incentives with social outcomes."
"Information asymmetry is one of the most challenging problems in economics."
"Markets work best when all participants have access to the same information."
"Game theory teaches us that rational behavior doesn't always lead to optimal outcomes."