Quote by Eric Maskin
"Justice in design means that the rules make sense before you know which side you'll be on."
"Justice in design means that the rules make sense before you know which side you'll be on."
"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."