Quote by Eric Maskin
"Markets are not natural; they are constructed and reconstructed continuously."
"Markets are not natural; they are constructed and reconstructed continuously."
"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."