Insights From

Michael Albert

Decoding Decisions: Game Theory, Menus, and the Power of Learning

Originally developed to solve economic problems, game theory is a powerful tool with applications across many fields. It provides insights into diverse areas, from contract design and pricing strategies in business to election systems and military buildup in political science.

Mechanism Design: The Essence of Modern Problem Solving

Sixty years ago, famous American economist Leonid Hurwicz did groundbreaking research about the economic mechanisms theory. Today, Darden expert is interested in designing mechanisms to solve big challenges like energy usage and traffic flows.