Professor

Roger B. Myerson

University of Chicago
Economist; Educator
Area
Social and Behavioral Sciences
Specialty
Economics
Elected
1993

Roger B. Myerson is the Glen A. Lloyd Distinguished Service Professor of Economics at the University of Chicago. He was awarded the 2007 Nobel Memorial Prize in Economic Sciences with Leonid Hurwicz and Eric Maskin for "having laid the foundations of mechanism design theory." Myerson has made seminal contributions to the fields of economics and political science. In game theory, he introduced refinements of Nash's equilibrium concept, and he developed techniques to characterize the effects of communication when individuals have different information. His analysis of incentive constraints in economic communication introduced some of the fundamental ideas in mechanism design theory, including the revelation principle and the revenue-equivalence theorem in auctions and bargaining. In 2009, he served as President of the Econometric Society, and was President of the Game Theory Society in 2012-2014. Myerson is a member of the Council on Foreign Relations and a member of the National Academy of Sciences. Elected a Fellow of the Academy in 1993, he served the Academy as Vice President and Director of the Midwest Center from 1999 to 2002, and as a member of its Board of Directors in 2013-2015.

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