June 22, 2017
The University of Cambridge has awarded Professor Eric Maskin the degree of Doctor of Science for his contributions to game theory, contract theory, and social choice theory.
"Formerly a postdoctoral fellow at Jesus College, Professor Eric Maskin received the degree of Doctor of Science for his contributions to game theory, contract theory, and social choice theory. Currently the Adams University Professor at Harvard University, in 2007 he won the Nobel Memorial Prize in Economics with Leonid Hurwicz and Roger Myerson for laying the foundations of mechanism design theory –the field in economics and game theory that takes an engineering approach to designing economic mechanisms or incentives. “Other economists study what happens when certain rules have been established in some business or other,” his citation reads; “he engineers the rules which will produce the desired outcomes.”