The key to innovation in economics is to question conventional wisdom.
Auctions are a powerful tool for discovering value.
拍卖是发现价值的强大工具。
The best economic insights come from observing how people actually behave.
最好的经济洞见来自于观察人们的实际行为。
In market design, simplicity often leads to better outcomes.
在市场设计中，简洁往往能带来更好的结果。
The right incentives can turn conflicts into cooperation.
正确的激励可以将冲突转化为合作。
The beauty of auctions is that they reveal hidden information.
拍卖的美妙之处在于它们能揭示隐藏的信息。
The role of the economist is part scientist, part engineer.
经济学家的角色既是科学家，又是工程师。
Economics is ultimately about improving human welfare.
经济学最终是为了改善人类福祉。
The most successful auctions are those where bidders trust the process.
最成功的拍卖是竞标者信任流程的拍卖。
Market design is an ongoing experiment—what works today may need adjustment tomorrow.
市场设计是一个持续的实验——今天有效的明天可能就需要调整。