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Politics : RAMTRONIAN's Cache Inn

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From: NightOwl	2/16/2008 7:58:25 PM
	of 14464

This is why no body at the SEC is ever allowed access to anyone at the University of Chicago: "Mechanism design theory, initiated by Leonid Hurwicz and further developed by Eric Maskin and Roger Myerson, has greatly enhanced our understanding of the properties of optimal allocation mechanisms in such situations, accounting for individuals' incentives and private information. The theory allows us to distinguish situations in which markets work well from those in which they do not. It has helped economists identify efficient trading mechanisms, regulation schemes and voting procedures. Today, mechanism design theory plays a central role in many areas of economics and parts of political science." sciencedaily.com Unless... their last name happens to be Arnold... or maybe Corleone... but that's ALL!! <Hoo><ack><Haa> 0\|0

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