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Introduction to the issues in honor of Leonid Hurwicz

Ledyard, John (2009) Introduction to the issues in honor of Leonid Hurwicz. Review of Economic Design, 13 (1-2). p. 1. ISSN 1434-4742. doi:10.1007/s10058-009-0079-6.

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In my second year in graduate school in 1965, Stanley Reiter gave me copy of “Optimality and Efficiency in Resource Allocation Processes” published in 1959 by Leonid Hurwicz. The article had a remarkable effect on me. I knew immediately that these were the questions I went into economics to study and the precision with which I wanted to carry out that study. At the time there was no word for the area, today we call it Mechanism Design. The field and Leo’s role in creating it were recognized with a Nobel Prize in 2007.

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Additional Information:© Springer-Verlag 2009. First Online: 28 March 2009.
Issue or Number:1-2
Record Number:CaltechAUTHORS:20190814-105349068
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Official Citation:Ledyard, J. Rev Econ Design (2009) 13: 1.
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:97889
Deposited By: Tony Diaz
Deposited On:15 Aug 2019 17:50
Last Modified:16 Nov 2021 17:35

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