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Americans Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson won the Nobel economics prize Monday for developing a theory that helps explain how sellers and buyers can maximize their gains from a transaction.
The three winners "laid the foundations of mechanism design theory," which plays a central role in contemporary economics and political science…
<a href="http://us.rd.yahoo.com/dailynews/ap/ap_on_bi_ge/storytext/sweden_nobel_economics/24827168/SIG=10rqn52u9/*http:/www.nobelprize.org">http://www.nobelprize.org</a>
The three winners "laid the foundations of mechanism design theory," which plays a central role in contemporary economics and political science…
<a href="http://us.rd.yahoo.com/dailynews/ap/ap_on_bi_ge/storytext/sweden_nobel_economics/24827168/SIG=10rqn52u9/*http:/www.nobelprize.org">http://www.nobelprize.org</a>