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    Designing Better Markets (4)

      

    Roger Myerson even built a mathematical (1) model for elections (2) . He found a voting system that he says would have helped Florida avoid its problems in the two thousand presidential (3) elections.

    The Nobel Prize award ceremonies (4) will take place on December tenth. The official name of the economics award is the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The Swedish central bank created the prize in nineteen sixty-eight.

    Leo Hurwicz was born in Russia in nineteen seventeen. He developed new ways to understand markets. He began his work after World War Two. At ninety years old, he is the oldest person ever to win a Nobel Prize.

    And that's the VOA Special English Economics Report, written by Mario Ritter. I'm Bob Doughty...

    (1) mathematical : 精确的

    (2) elections : 选举;当选

    (3) Presidential : 总统的;总统选举的;总统制的

    (4) ceremonies : 仪式,典礼

     

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    • economics
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    • 选举
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    • presidential
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    • elections
    • mathematical
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