Leonid Hurwicz Quotes

Most Famous Leonid Hurwicz Quotes of All Time!

We have created a collection of some of the best leonid-hurwicz quotes so you can read and share anytime with your friends and family.

Last Updated on May 30, 2021

Domains
|
Nov 07, 2020

A game is defined by the players' strategy domains and payoff functions.

Game
|
Nov 07, 2020

A need for enforcement implies the possibility of behavior that violates the rules of the game. The point is that if there were no possibility of violation, then you wouldn't need enforcement.

Like
|
Nov 07, 2020

Just because there are people who violate rules, behave illegally and so on, it does not mean that everybody is like that. On the contrary, if you watch certain judges, you observe that they honestly try to implement what they believe the Constitution says and just put it into effect.

Incompatible
|
Nov 07, 2020

Legal behavior is not incompatible with rational, self-interested behavior.

He
|
Nov 07, 2020

My father was convinced, I think rightly, that if he stayed in Russia, he would have trouble with Lenin.

Problems
|
Nov 07, 2020

I had the belief that many troubles you could observe on the European continent were due to politicians not understanding economic phenomena. Even if they had good intentions, they didn't have the skills to solve problems.

People
|
Nov 07, 2020

When you talk about the economic process of a society, sometimes we separate it into two stories. One is about monetary variables. But then, we very often assume the underlying arrangement, the other variable, is 'perfect competition,' which means people do whatever they are supposed to do.

Legal
|
Nov 07, 2020

There are two kinds of games in economics. One is the game where people use only legal moves. Then there is the true game, the one like real life, where the strategies and moves people make, some of them contain illegal gains.

Guys, we are trying to share Unique Leonid Hurwicz Quotes, so you will not get to read the same things again and again on our website. You can also share your favorites on Facebook or send them to a friend who loves to reading quotes.

Famous Topics

Top 10 quotes