This is the first of two volumes containing papers and commentaries
presented at the Eleventh World Congress of the Econometric
Society, held in Montreal, Canada in August 2015. These papers
provide state-of-the-art guides to the most important recent
research in economics. The book includes surveys and
interpretations of key developments in economics and econometrics,
and discussion of future directions for a wide variety of topics,
covering both theory and application. These volumes provide a
unique, accessible survey of progress on the discipline, written by
leading specialists in their fields. The first volume includes
theoretical and applied papers addressing topics such as dynamic
mechanism design, agency problems, and networks.
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