If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to [email protected]. Please join us for a lecture by Nobel Laureate in Economics Professor Roger Myerson. Professor Myerson's talk will analyze the vital relationships between local democracy and national politics and will consider how alternative systems of local elections could strengthen the national democratic system. The talk will focus on the problems of building democracy in Pakistan and the world today. Following this discussion, there will be a question and answer period led by distinguished moderator, Dr. Mariano Grondona as well as an opportunity for questions from the audience.Roger B. Myerson is the Glen A. Lloyd distinguished service professor of economics at the University of Chicago. Myerson has made seminal contributions to the fields of economics and political science. In game theory, he introduced refinements of Nash's equilibrium concept, and he developed techniques to characterize the effects of communication when individuals have different information. His analysis of incentive constraints in economic communication introduced some of the fundamental ideas in mechanism design theory, including the revelation principle and the revenue-equivalence theorem in auctions and bargaining. Myerson has also applied game-theoretic tools to political science, analyzing how political incentives can be affected by different electoral systems and constitutional structures. He was awarded the 2007 Nobel Memorial Prize in Economic Sciences in recognition of his contributions to mechanism design theory.In the 1980s, Dr. Grondona spent time at Harvard University as visiting professor to the Department of Government, and as a visiting scholar and researcher at the Center for International Affairs. Prior to that, he received his doctorate in law and social sciences at the University of Buenos Aires and completed postgraduate studies in sociology at the University of Madrid and in political science at the Institute of Political Studies in Madrid.He is the author of several works, including Las Condiciones Culturales del Desarrollo Econ~A^3mico (1999) and La Corrupci~A^3n (1993).