Investopedia

Continue to Site »

Eric S. Maskin

Filed Under » , , , , ,
Dictionary Says

Definition of 'Eric S. Maskin'

An American professor of social science at the Institute for Advanced Study (IAS) who won the Nobel Prize in Economics in 2007, along with Leonid Hurwicz and Roger Myerson. Maskin's award-winning research deals with mechanism design theory, or incentive-compatible mechanisms. Born in 1950 in New York City, he holds a Ph.D. in applied math from Harvard. In addition to IAS, he has taught at Princeton, MIT and Harvard.
Investopedia Says

Investopedia explains 'Eric S. Maskin'

Mechanism design theory explores how institutions can achieve desirable social or economic goals given the constraints of individuals' self-interest and incomplete information. Additional areas of Maskin's research include game theory, incentives, contract theory, auction design, electoral rules, monetary policy and intellectual property.

Articles Of Interest

  1.

    How The U.S. Government Formulates Monetary Policy

    Learn about the tools the Fed uses to influence interest rates and general economic conditions.

  2. Monetarism: Printing Money To Curb Inflation

    Learn how Milton Friedman's monetarist views shaped economic policy after World War II.

  3. What Is Fiscal Policy?

    Learn how governments adjust taxes and government spending to moderate the economy.

  4. How Much Influence Does The Fed Have?

    Find out how current financial policies may affect your portfolio's future returns.

  5. 7 Unconventional Ways Businesses Can Borrow Money

    Find out how your business can get the money it needs - even when the bank says "no".

  6. Leading Economic Indicators Predict Market Trends

    Leading indicators help investors to predict and react to where the market is headed.

  7. Should You Head Back To Business School?

    Find out if an MBA is necessary for you to reach your professional goals.

  8. Hetty Green: The Witch Of Wall Street

    Hetty Green was the richest woman of her time and possibly the first value investor, yet she's not remembered kindly.

  9. Women And Finances: Is There A Gender Bias?

    Uncover some very complex reasons for female gender biases in the finance world.

  10. Female Entrepreneurs Are Surpassing Their Male Counterparts

    The world of entrepreneurship is constantly changing; the last year has seen a significant shift in the performance of female entrepreneurs.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center
Array ( )
taggroups(for debug only):
Array ( [0] => Small Business [1] => Personal Finance [2] => SEG (Business Owners) [3] => Entrepreneurship [4] => What's New [5] => Economics [6] => Investing [7] => Financial Theory [8] => Economy And Economics ) time:9ms