Paul was interviewed for a long article in Conjuntura Econômica in Brazil. A reprint is available below.

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.
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.
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]”

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,
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.
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,
Congratulations to Bruno Strulovici, winner of the Young Researcher Prize from Review of Financial Studies for his joint paper on “Performance Sensitive Debt.” Bruno did his doctoral work at Stanford in the department of Management Science and Engineering, supervised by Thomas Weber,
Nicolaj Siggelkow reports that he has just been promoted to full professor at the Wharton School at the University of Pennsylvania. Congratulations to Nicolaj!
Nicolaj prepared his award-winning Stanford undergraduate thesis in 1993 under my supervision. He went on to do his graduate studies at Harvard Business School,
Congratulations to my PhD advisee, Lixin Ye, who was awarded tenure at Ohio State University. Lixin has produced voluminous research on auctions and industrial organization, including both theoretical and experimental analysis. Congratulations Lixin!
Another round of congratulations for my Stanford undergraduate mentee, Sahand Rabbani. I wrote an earlier post about Sahand’s 2008 Wallace Sterling prize, awarded for ranking in the top 1% of graduating seniors in the School of Humanities and Sciences and his 2008 Terman Prize from the School of Engineering.
Congratulations to my children, Josh and Elana Thurston-Milgrom.
Josh, who graduated from the University of Chicago in June, received the Leonard B Meyers Prize for the best Bachelor’s Thesis in the Department of Music at the University of Chicago.
Northwestern University announced today that Paul Milgrom has been awarded the 2007-08 Erwin Plein Nemmers Prize in economics “for contributions dramatically expanding the understanding of the role of information and incentives in a variety of settings,
Congratulations to my Stanford undergraduate mentee, Sahand Rabbani, who today received a Wallace Sterling Prize for ranking in the top 25 graduating seniors in the College of Humanities and Sciences. This is particularly impressive because Sahand has taken two simultaneous bachelor’s degrees in economics and electrical engineering.
Congratulations to my 1991 Stanford dissertation advisee, Yeon-Koo Che, who has “been selected as the first recipient of the Cho Award in Economics. The Cho Award is given to the economist whose academic contribution is most highly significant.
Congratulations to two of my Stanford dissertation advisees from 1995, who have just won very major honors:
- Susan Athey, for winning the 2007 John Bates Clark medal of the American Economic Association, which “is awarded biennially to that American economist under the age of forty who is adjudged to have made the most significant contribution to economic thought and knowledge.” Athey is the first woman to win this extremely prestigious award.
My three dissertation students on the junior economist job market in 2008 have all found good jobs:
Bruno Strulovici will join Northwestern University economics next fall as a new assistant professor.
Brendan Daley will join Duke economics in the fall,