R
Roger B. Myerson
Researcher at University of Chicago
Publications - 157
Citations - 29168
Roger B. Myerson is an academic researcher from University of Chicago. The author has contributed to research in topics: Politics & Game theory. The author has an hindex of 54, co-authored 153 publications receiving 27625 citations. Previous affiliations of Roger B. Myerson include University at Buffalo & Saint Petersburg State University.
Papers
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Journal ArticleDOI
Optimal Auction Design
TL;DR: Optimal auctions are derived for a wide class of auction design problems when the seller has imperfect information about how much the buyers might be willing to pay for the object.
Book
Game Theory : Analysis of Conflict
TL;DR: In this article, the authors propose a game theoretic approach to games based on the Bayesian model and demonstrate the existence of Nash Equilibria and the Focal Point Effect.
Journal ArticleDOI
Efficient Mechanisms for Bilateral Trading
TL;DR: In this article, the seller's valuation and the buyer's valuation for a single object are assumed to be independent random variables, and each individual's valuation is unknown to the other.
Journal ArticleDOI
Incentive compatibility and the bargaining problem
TL;DR: In this article, the generalized Nash solution proposed by Harsanyi and Selten is applied to this set to define a bargaining solution for Bayesian collective choice problems, and it is shown that the set of expected utility allocations which are feasible with incentive-compatible mechanisms is compact and convex.
Journal ArticleDOI
Regulating a monopolist with unknown costs
David P. Baron,Roger B. Myerson +1 more
TL;DR: In this paper, the authors consider the problem of how to regulate a monopolistic firm whose costs are unknown to the regulator, and derive an optimal regulatory policy for the case in which the regulator does not know the costs of the firm.