Eric S. Maskin

2007 Nobel Memorial Prize in Economic Sciences

An Introduction to Mechanism Design

Eric S. Maskin is the Adams University Professor at Harvard University and a leading figure in modern economic theory. He earned his A.B. and Ph.D. from Harvard and has held positions at MIT and the Institute for Advanced Study. Maskin is renowned for his foundational work in mechanism design theory, a field that examines how to achieve desirable outcomes in strategic settings with imperfect information. In 2007, he was awarded the Nobel Prize in Economics, together with Leonid Hurwicz and Roger Myerson, for laying the foundations of mechanism design theory. His research has had major implications for economic policy, auctions, and voting systems. Today, Eric Maskin remains deeply engaged in both theoretical research and public discourse on economic reform and social equity.