2020 Nobel Prize Firsts and Lectures

In this pandemic year, Paul Milgrom and Bob Wilson received their Nobel prize medals and diplomas in an abbreviated ceremony in Paul’s backyard on the morning of December 8. The discussion quickly turned to the sheer number of “firsts” associated with this Nobel prize in economics. It was the first economics prize to be awarded […]

Milgrom and Wilson Awarded Economics Nobel Prize

Milgrom and Wilson Awarded Economics Nobel Prize

The 2020 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Paul Milgrom and Robert Wilson “for improvements to auction theory and invention of new auction formats.” As explained in the prize announcement, the prize is awarded annually by the Royal Swedish Academy for work of “eminent significance in the field of […]

AEA Names Paul Milgrom a “Distinguished Fellow”

PAUL MILGROM, DISTINGUISHED FELLOW 2020 The American Economic Association has named Paul Milgrom a Distinguished Fellow, which is the associations highest honor for lifetime achievement. According to the award citation, Milgrom “is the world’s leading auction designer, having helped design many of the auctions for radio spectrum conducted around the world in the last thirty […]