Tuesday, October 30, 2007

Two distinguished students of Eric S. Maskin

Eric S. Maskin had been a doctoral supervisor to many economists. Among them are two eminent development economists -- Abhijit V. Banerjee (above) of MIT and his prot'eg'e Maitreesh Ghatak (below) of LSE.

Abhijit Banerjee's 1988 Harvard doctoral dissertation titled "Essays in Information Economics" dealt with informational imperfections in the information transmission process. In many respect, he was the pioneer of the applications of mechanism design to development economics, as problems of underdevelopment often related to problems of incomplete information and imperfect credit. The latter problem was tackled by Maitreesh Ghatak also under the supervision of Eric Maskin at Harvard.

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