Background:
Roger Myerson is the Glen A. Lloyd Distinguished Service Professor of
Economics at the University of Chicago. Professor 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. Professor Myerson has also applied game-theoretic tools to
political science, analyzing how political incentives can be affected by
different electoral systems and constitutional structures.
Myerson is the author of Game Theory: Analysis of Conflict (1991) and
Probability Models for Economic Decisions (2005). He also has published
numerous articles in Econometrica, the Journal of Economic Theory, Games
and Decisions, and the International Journal of Game Theory, for which
he served as an editorial board member for 10 years.
Professor Myerson has a PhD from Harvard University and taught for 25
years in the Kellogg School of Management at Northwestern University
before coming to the University of Chicago in 2001. He is a member of
the American Academy of Arts and Sciences and of the National Academy of
Sciences. In 2007, he was awarded the 2007 Nobel Memorial Prize in
Economic Sciences in recognition of his contributions to mechanism
design theory.