Multiple choice

Directions: Choose the correct option for the given question.

The Nobel Prize for Economics in 2007 was given to

  1. Thomas C. Schelling and Robert J. Aumann

  2. George A. Akerlof, Michael Spence & Joseph E. Stiglitz

  3. James Huckman and Denial Macfadan

  4. Leonid Hurwicz, Eric Maskin and Roger Myerson
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Leonid Hurwicz, Eric Maskin, and Roger Myerson were awarded the 2007 Nobel Prize in Economics for their foundational work on mechanism design theory, which analyzes how economic rules and institutions can achieve desired social outcomes.

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