News

“Golden Goose” Award

News

AEA Nobel Luncheon

Paul was a lunchtime speaker at the AEA luncheon on January 4, 2014, honoring 2012 Nobel laureates Lloyd Shapley and Alvin Roth. The event was webcast and a link to the video is here.

News

Nomura Lecture Focuses on US Spectrum Reallocation

Paul Milgrom today delivered the annual Nomura lecture at the Mathematics Institute at Oxford University in the UK. The annual lecture highlights applications of mathematics in a variety of different fields. This year’s lecture, entitled “Strategy-Proof Auctions for Complex Resource Allocations,” was delivered to a large audience of mathematicians and others in the Martin Wood theatre in Oxford.

News

Stanford Conference Honors Paul Milgrom

A conference that Stanford has dubbed the “Milgromfest” was held on April 19-20, 2013 to honor Paul Milgrom’s 65th birthday. The conference featured sessions with economics research papers presented by Paul’s former students and collaborators in diverse areas. The conference program includes research studies on auctions,

News

Stanford Conference Honors Paul Milgrom

A conference that Stanford has dubbed the “Milgromfest” was held on April 19-20, 2013 to honor Paul Milgrom’s 65th birthday. The conference featured sessions with economics research papers presented by Paul’s former students and collaborators in diverse areas. The conference program includes research studies on auctions,

News

Paul Milgrom wins BBVA Frontiers of Knowledge Award!

The BBVA Foundation announced in Madrid today that Paul Milgrom has won the 2012 Frontiers of Knowledge Award in the area of economics, finance and management. According to the prize jury, the prize was awarded “for his seminal contributions to an unusually wide range of fields of economics including auctions,

News

Alvin Roth and Lloyd Shapley Awarded the Nobel Prize in Economics

The 2012 Nobel prize for economics celebrated the new field of Market Design. Lloyd Shapley – a mathematician – wrote the first analyses that made the development of this field possible. Alvin Roth not only advanced the theory but also put the new market design analyses to work in important matching applications,

News

Paul Milgrom Elected VP of American Economic Association

The American Economic Association has announced the results of its elections for 2013. The new president is William Nordhaus of Yale University and the two new VP’s are Paul Milgrom of Stanford University and Raquel Fernandez of NYU.

News

FCC Votes 5-0 to Propose Incentive Auction

“This is a big deal.” With those words, FCC Chairman Julius Genachowski introduced the FCC’s latest initiative to develop a wireless information superhighway for US businesses and consumers. The Commissioners voted 5-0 to propose a system that would encourage U.S.

News

Brazilian Auction Success

On June 12, the Brazilian regulator, Anatel, conducted its first 4G spectrum auction, selling spectrum in the 2500MHz band. By far the most valuable spectrum licenses sold in this auction were the paired bands optimized for use with LTE-FDD. These bands,

News

Success in Spectrum Auctions in India and Germany

Two big spectrum auctions in India and Germany ended this week.

The 3G auction in India yielded nearly US$15 billion for the Indian treasury for about 40MHz of bandwidth covering the whole nation. This includes the 10MHz that had previously been allocated to the two state-owned telecoms,

News

Milgrom to Advise FCC on “Incentive Auctions”

An FCC Press Release today was headlined: “FCC ANNOUNCES PAUL MILGROM AND OTHER LEADING AUCTION EXPERTS TO ADVISE COMMISSION ON INCENTIVE AUCTION DESIGN AND IMPLEMENTATION.” In excerpt, it reports:

“FCC Chairman Julius Genachowski said, ‘I am delighted to have this world-class team of experts advising the Commission on this historic undertaking.’ ….

News

Mention in the New York Times

Paul’s 20-year-old research on incentives was mentioned in an article published on September 19 in the New York Times. According to the article,

Too much pressure to improve students’ test scores can reduce attention to other aspects of the curriculum and discourage cultivation of broader problem-solving skills,

News

Mention in Economist Magazine

Paul’s work as a bidding adviser is given a nice mention in the September 3, 2011 issue of The Economist magazine. According to the article,

“In the run-up to an online auction in 2006 of radio-spectrum licences by America’s Federal Communications Commission,

News

Fishery Auctions in Chile

On May 9-10, Paul was in Santiago, Chile to advocate the creation of individual transferable fishing quotas (ITQs) and the use of auctions to assign at least half of them. (Chilean law authorizes auctions only for half of the fishing rights.) The use of auctions would not change the total allowable catch,

News

Paul Speaks at the White House

On April 6, Paul Milgrom appeared at the White House on behalf of 112 economists to discuss the bipartisan “economists’ letter” to President Obama, which supports the use of “incentive auctions” to guide the voluntary redeployment of radio spectrum to higher value uses. 

News

Paul’s Interview on CNBC-e

Paul was interviewed on Turkish television last week, discussing the economic challenges that Turkey faces, particularly in its telecom sector. Here is the original link to Turkish television and an archival link.

News