Paul Milgrom today was welcomed as the new chair of the economics section of the National Academy of Sciences. The Academy was created by President Abraham Lincoln to advise the United States on scientific matters. At its annual meeting, which ended yesterday, Paul was also a co-recipient of the Academy’s Carty award for distinguished scientific research.
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 […]
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 […]
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 […]
Paul delivered the 2019 Aumann lecture, honoring Nobel Laureate Robert Aumann in Israel in July 2019. This lecture was expanded and updated for Paul’s 2019 Marshall lectures, delivered over two days at Cambridge University in November, 2019. Those lectures were recorded and are available online at this link. The first lecture explains seven reasons why a Vickrey auction […]