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Paul Robert Milgrom (born April 20, 1948) is an American economist. He is the Shirley and Leonard Ely Professor of Humanities and Sciences at the Stanford University School of Humanities and Sciences, a position he has held since 1987.
Paul Milgrom is the Shirley and Leonard Ely professor of Humanities and Sciences in the Department of Economics at Stanford University and professor, by courtesy, at both the Department of Management Science and Engineering and the Graduate School of Business.
Paul R. Milgrom. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020. Born: 20 April 1948, Detroit, MI, USA. Affiliation at the time of the award: Stanford University, Stanford, CA, USA. Prize motivation: “for improvements to auction theory and inventions of new auction formats” Prize share: 1/2. Work.
Milgrom (2000) proved the efficiency properties of the SMR auction when bidders bid straightforwardly, showing how the development of prices could promote an efficient outcome when the licenses are substitutes.
Milgrom is the Shirley and Leonard Ely professor of Humanities and Sciences in the department of economics and professor by courtesy at Stanford Graduate School of Business. He is a member of the National Academy of Sciences, a fellow of the American Academy of Arts and Sciences, and director of the Market Design program at SIEPR.
Paul Milgrom is the Shirley and Leonard Ely professor of Humanities and Sciences in the Department of Economics at Stanford University and professor, by courtesy, in the Stanford Graduate School of Business and in the Department of Management Sciences and Engineering.
Paul Milgrom is the Shirley and Leonard Ely professor of Humanities and Sciences in the Department of Economics at Stanford University and professor, by courtesy, in the Stanford Graduate School of Business and in the Department of Management Sciences and Engineering.
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