Nobel Prize for Economics winner, Professor at the University of Chicago
Roger Myerson taught at Northwestern University from 1976 to 2001 and has since taught in the University of Chicago's economics department. His analysis of incentive constraints in economic communication introduced several fundamental ideas of mechanism design theory.
Myerson is author of Game Theory: Analysis of Conflict and has used game-theoretic analysis to study political systems. He has written on resolve and restraint in strategic deterrence, on moral hazard and leadership in the foundations of the state, and on the vital role of local democracy in democratic development. In 2007, he was awarded the Nobel Memorial Prize in Economic Sciences.