Quote by Eric Maskin
"Money is the mechanism through which we coordinate millions of strangers' actions without a central authority."
More from Eric Maskin
"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."