Tuesday, 25 November 2008

Words of The Day (again): Incentive Compatibility

Incentive Compatibility...the corner stone of Mechanism Design...the magic behind a great human invention, Markets... ..... .........I can go on and on and on on this, with messy sentence structure shallow opinions untested guesses and incoherent logic. So I won't.

Just think about it, in the context of financial regulation, activists' causes...
For anyone who wants to make lasting changes, consider it the priority.

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