Estelle Cantillon, Patrick Legros
VOX Column, 18 October 2007
Publication year: 2007

Mechanism design theory is a major breakthrough in the modern economic analysis of institutions and markets. It revolutionalised the way economists think about optimal institutions and regulation when governments don’t “know it all.” It has had a major impact on current policy-making and will continue to do so in the future.

Link to Vox column