The National Academy of Sciences announced its annual awards today, and Paul Milgrom was a winner of its Carty Award for the Advancement of Science, as shown here. The award is given every two years to a scholar in any field represented in the Academy. Paul will receive the prize in a ceremony at the National […]
Paul has been selected as the 2017 of the prize in Innovative Quantitative Applications awarded jointly by the CME Group and the Mathematical Sciences Research Institute. The award ceremony will take place on Feb 12, 2018, at the Merc in Chicago. According to the awarding organizations, “The CME Group-MSRI Prize is awarded to an individual or […]
Paul has been awared the 2016-17 Dean’s Award for Distinguished Teaching in the area of Excellence in Graduate Education. A key factor in this award is the success of Paul’s graduate students, several of whom wrote letters to support this award.
Paul’s op-ed about the recently completed US incentive auction appeared here in TheHill.
The FCC announced the official close of the Incentive Auction today. Paul had led the design team that created the rules for this auction. Auctionomics, of which Paul is chairman, supplied some of the software used in the auction. As the FCC explained: “Bidding in the auction closed on March 30, 2017, repurposing 84 megahertz of spectrum […]
At the recent meeting of the American Economic Association, Paul Milgrom was featured alongside Atila Abdulkadiroglu explaining the role of the “Economist as Engineer.” His videotaped presentation about the engineering challenges in designing the US incentive auction is featured on the AEA website. Here is a link to that video.
Professor Robert Wilson (Paul’s PhD advisor) has been selected as the winner of the 8th BBVA Foundation “Frontiers of Knowledge” Award, in the category of Economics, Finance and Management. The award carries a monetary prize of €400,000. In the short version, Wilson was honored for “pioneering contributions to the analysis of strategic interactions when economic agents […]
Paul delivered the 2016 Nancy L. Schwartz Memorial Lecture at Northwestern University today. The lecture, entitled “Prices and Auctions in Markets with Complex Constraints,” is viewable online here.
Douglass North, who died on November 23, 1995, was one of the great economists of modern times. Despite being a careful empirical research, Doug was impatient with what he considered to be the excessive reliance of many economists on formal mathematical models. I was honored to be Doug’s collaborator on a joint paper with Barry […]