2007
Lenoid Hurwicz
Picture
(1917 - 2008)
Nationality
Polish
Area of specialisation
Micro Economics
Price Motivation
For having laid the foundations of mechanism design theory
Affiliation at the time of Award
University of Minnesota, USA
CONTRIBUTION
The pioneer in the field of mechanism design. Formulated a general mathematical frame work for analyzing institutions implementing collective decision making.
PUBLICATIONS
1, Studies in resource allocation of process. (1978) 2, Designing economic mechanisms .(2006