Quote by Eric Maskin
"Understanding mechanism design is understanding why the world is as it is."
"Understanding mechanism design is understanding why the world is as it is."
"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."