William Vickrey Won the 1996 Nobel Prize in Economics for His

question 63

Short Answer

William Vickrey won the 1996 Nobel Prize in Economics for his studies of the properties of ____________________ sealed-bid auctions.

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Definitions:

Id

A part of the mind in Freudian psychoanalysis that is responsible for instinctual desires and drives.

Libido

The energy of the sexual drive as a component of the life instinct.

Superego

In psychoanalytic theory, the part of the personality that acts as a moral center, enforcing ethical conduct and societal norms.

Superego

One of the three components of the human psyche in Freudian psychoanalytic theory, representing the moral conscience and the social standards of right and wrong.