Paul Milgrom

economist and winner of the Nobel Prize in Economics

Paul Robert Milgrom (born April 20, 1948) is an American economist.

Paul Milgrom
Born (1948-04-20) April 20, 1948 (age 76)
NationalityAmerican
Alma materStanford University
MS (Statistics), 1978
PhD (Business) 1979
University of Michigan BA 1970
Known forAuction theory
Incentive theory
Market design
SpouseEva Meyersson Milgrom
AwardsErwin Plein Nemmers Prize in Economics (2008)
BBVA Foundation Frontiers of Knowledge Award (2012)
Golden Goose Award (2014)
CME-MSRI Prize in Innovative Quantitative Applications (2017) [1]
Distinguished Fellow of the American Economic Association (2020)[2]
Nobel Prize in Economics (2020)
Scientific career
FieldsEconomist
InstitutionsStanford University (since 1987)
Yale University (1982-87)
Northwestern University (1979‑83)
Doctoral advisorRobert B. Wilson
Doctoral studentsSusan Athey
Joshua Gans
Gillian Hadfield
Mohammad Akbarpour
Shengwu Li
Academic career
Information at IDEAS / RePEc

He is the Shirley and Leonard Ely Professor of Humanities and Sciences at Stanford University.

Milgrom is an expert in game theory, mainly auction theory and pricing strategies. He is the winner of the 2020 Nobel Memorial Prize in Economics, together with Robert B. Wilson, "for improvements to auction theory and inventions of new auction formats."[3]

References

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  1. https://www.cmegroup.com/company/center-for-innovation/msri-prize-in-innovation-winner-2017.html
  2. https://www.aeaweb.org/about-aea/honors-awards/distinguished-fellows/paul-milgrom
  3. "The Prize in Economic Sciences 2020" (PDF) (Press release). Royal Swedish Academy of Sciences. October 12, 2020.