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Jan 16 2017
At the recent meeting of the American Economic Association, Paul Milgrom was featured alongside Atila Abdulkadiroglu explaining the role of the "Economist as Engineer." His videotaped presentation about the engineering challenges in designing the US incentive auction is featured on the AEA website...
Feb 22 2016
Professor Robert Wilson (Paul's PhD advisor) has been selected as the winner of the 8th BBVA Foundation "Frontiers of Knowledge" Award, in the category of Economics, Finance and Management. The award carries a monetary prize of €400,000.
Feb 17 2016
Paul delivered the 2016 Nancy L. Schwartz Memorial Lecture at Northwestern University today. The lecture, entitled "Prices and Auctions in Markets with Complex Constraints," is viewable online here. 
Dec 12 2015
Douglass North, who died on November 23, 1995, was one of the great economists of modern times. Despite being a careful empirical research, Doug was impatient with what he considered to be the excessive reliance of many economists on formal mathematical models. I was honored to be Doug's...
Dec 8 2014
On November 18, 2014, Paul Milgrom delivered the Arrow Lecture at Columbia University in honor of Columbia’s most famous graduate: Kenneth Arrow. A book series in Arrow’s honor was also launched, with books written by some of the greatest economic theorists of the modern era. All in the room...

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Dec 9 2020
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...
Nov 5 2020
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...
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...