Latest Mechanism design Stories

2008-06-25 18:02:20

By Ben Cohen, Star Tribune, Minneapolis Jun. 25--Leonid Hurwicz, who shared the Nobel Prize in economics last year for developing a theory that helps explain how buyers and sellers can maximize their gains, died Tuesday night in Minneapolis. The Minneapolis resident was 90 and had been on dialysis for two years. He was hospitalized a week ago. Hurwicz was given his prize in Minneapolis last December because he couldn't make the trip to Stockholm. He was the oldest person ever to win a...

Word of the Day
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.