36 Chambers – The Legendary Journeys: Execution to the max!

November 7, 2012

Goethe The Game Theorist

Filed under: Economics — Kevin Feasel @ 6:00 pm

Jeff Ely on Goethe inventing the Vickrey auction mechanism.  Well, slightly more accurately, the first known implementation of a Vickrey mechanism.  It’s a great story.

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