Nobel Prize winner in Economics Eric Maskin visits the UJI and shares his thoughts on democracy, open innovation and climate change



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## Nobel Prize winner in Economics Eric Maskin visits the UJI and shares his thoughts on democracy, open innovation and climate change

02/06/2025 |
SCP

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* [![ visita-nobel-economia-eric-maskin Premi_Nobel_Eric_Maskin_25DLL023](/com/noticies/2025/6/1q/visita-nobel-economia-eric-maskin/Premi_Nobel_Eric_Maskin_25DLL023.jpg)](#)

[Colloquium with Nobel Laureate in Economics Eric Maskin](https://youtu.be/x7Tw4d8bgQU) (YouTube)

The Universitat Jaume I has welcomed Eric Maskin, winner of the 2007 Nobel Prize in Economics and professor at Harvard University, through its collaboration with the Rei Jaume I Awards Foundation.

Maskin visited the Research Building II facilities and, specifically the Experimental Economics Laboratory, accompanied by the Vice-Rector for Research, Jesús Lancis; the Vice-Rector for International Relations, Eva Camacho; the Vice-Rector for Innovation, Transfer and Scientific Dissemination, David Cabedo, as well as the directors of the Experimental and Computational Economics Research Group, Aurora García Gallego and Iván Barreda.

He then participated in a colloquium open to the scientific and academic community led by the professor of the Department of Economics and director of the Institute of International Economics, Inmaculada Martínez Zarzoso, and the professor of the Department of Economics and secretary of the Doctoral School, Ainhoa Jaramillo.

During the discussion, various topics were addressed, such as improving voting systems and their impact on polarized societies. As he explained, a system based on the “true majority rule,” in which candidates are ranked, allows voters to express their preferences more fully. In this way, “independent candidates who are not so polarized could be elected and could help in the negotiation of agreements, while the two dominant parties would not be able to defend such extremist positions if they want to be elected. Thus, the system promotes a movement toward policies that are more compatible with the preferences of the majority of the country”, he said.

On the other hand, the issue of patents and open innovation was also discussed. Maskin explained that in industries where innovation is sequential and incremental, such as software, “patents may not be the best system because they can block innovation and create monopolies”.

As a pioneer in mechanism design theory, the Nobel Prize winner in Economics addressed its application in complex decision-making contexts such as climate change policy, “possibly the greatest mechanism design problem the world has faced so far”, he said. On this issue, he pointed out that “the only way to solve this problem is through a binding treaty in which countries have a return that makes it worthwhile, so negotiations will be complicated but not impossible”. For example, he proposed promoting incentives to develop technologies for CO₂ removal.

To close the colloquium, a section was devoted to the professional development of doctoral students. Among the skills he advised them to acquire, Maskin highlighted the ability to use artificial intelligence effectively as an assistant and as a powerful time-saving tool in research.  
In terms of specialization or diversification in the area of research, he encouraged doctoral students to add variety to their research. “Become an expert, but don't limit your research to your field of knowledge”, he said.

Finally, he advised young researchers not to follow academic trends or fads, but to be guided by their curiosity and the questions they want to answer. “Make the topic you are interested in fashionable through good research”, he concluded.

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