Mechanism design: theory and application to welfare-to-work programs
| Authors | |
|---|---|
| Publication date | 2008 |
| Journal | Aenorm |
| Volume | Issue number | 15 | 60 |
| Pages (from-to) | 43, 45-46 |
| Number of pages | 3 |
| Organisations |
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| Abstract | In October 2007, Leonid Hurwicz , Eric Maskin, and Roger Myerson won the Nobel Prize in Economic Sciences "for having laid the foundations of mechanism design theory". My aim is to give you a flavor of what mechanism design theory is and how we can apply it in practice. More in particular, I will apply insights from the theory to the design of welfare-to-work markets, i.e., markets in which governments contract firms in order to help unemployed people finding a job. |
| Document type | Article |
| Language | English |
| Published at | http://www.aenorm.eu/editions/?edt=17&art=167 |
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