(Contributing editors: Bo Honoré, Ariel Pakes, Monika Piazzesi, Alessandro Pavan, Johannes Hörner, Andrzej Skrzypacz, Igal Hendel, Bernard Salanie, Fuhito Kojima, Parag A. Pathak, Sanjeev Goyal, Áureo de Paula, Rachel E. Kranton)
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.