Author: pendari1060

Paul Delivers Eitan Berglas Lecture

On March 15, 2011, I delivered the tenth Berglas Public Lecture at the School of Economics of Tel Aviv University. Eitan Berglas founded the Department of Economics in Tel Aviv in 1966. Professor Berglas served as economic adviser to the Israeli government and as chairman of Bank Hapoalim. His published research was in the field [...]

Veja Magazine Interview

Paul was featured this month in Brazil’s Veja magazine, which with over 1 million subscribers is the largest circulation magazine in South America. The article includes a nice photo of Paul in the archway near Memorial Church on the Stanford campus.  Veja Magazine Interview

Dean Hongbin Cai

Hongbin Cai has been named dean of the Guanghua School of Management at Peking University. Professor Cai’s research has included both theoretical and applied work covering political economy, bargaining theory, game theory, and Chinese economic development. He completed his Stanford doctoral thesis under my supervision in 1997.

Elana’s Master Thesis

Congratulations to my daughter, Elana Thurston-Milgrom, who has completed her masters degree at the Central European University in Budapest. Her thesis is “Verny and Wahr from A[ssimilationist]s to Z[ionists]”  Read the thesis.

First Economist to Receive SBIR Funds

On January 1, I apparently became the first economist ever to be awarded funds under the Small Business Innovative Research (SBIR) program of the National Science Foundation. I am principal investigator for Auctionomics on a proposal entitled “Incorporating Bidder Budgets in Multi-Item Auctions.” Bidder budgets are important in practice, but normally excluded from the messages […]

Auction Invention Put to Use

Over the years, I’ve invented several new multi-item auction mechanisms intended for use in practice. Portugal has now adopted the Day-Milgrom core-selecting auction mechanism for an upcoming radio spectrum auction. Detailed rules can be found here or on the Portuguese regulator’s website. A paper explaining the logic of this design — “Core-Selecting Auctions” — can be found in […]

Bengt Holmström Elected

Congratulations to my Stanford classmate, coauthor and friend, Bengt Holmstrom, who has been elected second vice-president of the Econometric Society (winning against me!). Bengt will become president of the Society in 2011. The election is a high honor in recognition of a career of high accomplishment as an economics researcher, teacher and administrator. Bengt and […]