I don't want to make public statements about issues that I have not studied in detail. Eric Maskin detailissuemake Change image and share on social
The market doesn't work very well when it comes to public goods. Eric Maskin goodmarketpublic Change image and share on social
There are some things that we value as a public good that the markets can't deliver, like clean air. Eric Maskin aircleandeliver Change image and share on social
I'm not a housing market expert, and I don't want to pretend to be one. Eric Maskin experthousemarket Change image and share on social
The market is no god - it cannot solve every problem. Eric Maskin godmarketproblem Change image and share on social
If I'm a bank, and I'm making risky loans, I have an incentive, if I can, to make those loans using other people's money: in other words, to make highly leveraged loans. Eric Maskin bankhighlyincentive Change image and share on social
In an industry with highly sequential innovation, it may be better for society to scrap patents altogether than try to tighten them. Eric Maskin altogetherhighlyindustry Change image and share on social
Much theoretical work, of course, focuses on existing economic institutions. The theorist wants to explain or forecast the economic or social outcomes that these institutions generate. Eric Maskin economicexistexplain Change image and share on social
Leo Hurwicz is the father of mechanism design theory and has inspired much of my work, and Roger Myerson is an old friend and collaborator and a tremendous economist. Eric Maskin collaboratordesigneconomist Change image and share on social
The theory of mechanism design can be thought of as the 'engineering' side of economic theory. Eric Maskin designeconomicengineer Change image and share on social
