Auction theory and mechanism design form a cornerstone of economic and computer science research, examining how individuals or entities bid for resources and ensuring that strategic interactions yield ...

Mechanism design and implementation in game theory constitutes a pivotal branch of economic theory and theoretical computer science. This domain examines how rules and processes (mechanisms) may be ...

The Royal Swedish Academy of Sciences has awarded The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007 jointly to Leonid Hurwicz, of the University of Minnesota, Eric S.