Research NewsNobel Prizes

Winning Incentives for Truthtelling

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Science  18 Oct 1996:
Vol. 274, Issue 5286, pp. 347
DOI: 10.1126/science.274.5286.347

Summary

Two economists win this year's Nobel Memorial Prize in Economic Science for their contributions to the theory of auctions, tax systems, and other situations in which decision-makers have different information. For more information on this prize, see the Nobel Foundation Web site.

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