Personal and Professional Life
Roger B. Myerson , the Nobel Prize winner in economics in 2007 was born on March 29, 1951, in Boston. He shares the Nobel with the other two renowned economists Leonid Hurwicz and Eric. S. Maskin for “ having laid the foundations of mechanism design theory”.
Roger B. Myerson, completed his Ph.D in Applied Mathematics from the Harvard University in 1976. From the period 1982-2001, he was the Professor of Managerial Sciences and Decision Sciences in the Northwestern University.
The professional responsibilities of Roger B. Myerson include the following:
1. Elected as fellow of Econometric Society in 1983
2. Member of the Council of the Econometric Society in 1996
3. Elected as the fellow of the American Academy of Arts and Sciences since 1995
4. Editorial Board Member in Games and economic behaviour from 1989 to 1997
5. Associate Editor of the Journal of Economic Theory
The main works of Roger B. Myerson include the following:
1. Game Theory: Analysis of Conflict
2. Probability Models of Economic Decisions
3. Values of Games in Partition Function Form
4. Graphs and Cooperation in Games
5. Two person bargaining problems and Comparable utility
6. Refinement of the Nash Equilibrium Concept
7. Incentive Compatibility and the Bargaining Problem
8. Monotoniciy and Independence Axioms
9. Conference Structures and Fair Allocation Rules
10. An Algorithm for Computing Equilibria in a Linear Monetary Economy
1995 Robert E. Lucas, Jr. (U.S.), for having and the greatest influence on macroeconomic
