Paul Milgrom

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Paul Milgrom, 2013

Paul Robert Milgrom (born April 20, 1948 in Detroit , Michigan ) is an American economist . He has been teaching at Stanford University in California since 1987 , where he did research as a PhD student . He is also director of the local institute for theoretical economics . Milgrom has set global standards for the auctioning of telecommunications frequencies and has significantly shaped the theory of auctions and their application. He will receive 2020 for his work in this area together with his doctoral supervisor Robert B. Wilson the Alfred Nobel Memorial Prize in Economics .

Life

Paul Milgrom was born the second of four sons. The parents Abraham Isaac Milgrom and Anne Lillian Finkelstein have Jewish roots. He studied mathematics at the University of Michigan and received his PhD from Stanford University in 1979 . His PhD supervisor was Robert B. Wilson . He subsequently taught at the Kellogg School of Management and Yale University before returning to Stanford as a professor in 1987.

plant

His scientific work focuses on auctions , incentive systems (such as contracts) and the design of markets in which there are e.g. B. is about the assignment of donated organs to patients. Milgrom deals with these topics primarily from an auction theory perspective, but is also called in as an expert for relevant practical problems.

Awards

Memberships

Publications

  • The structure of information in competitive bidding. Garland Publ., New York 1979, ISBN 0-8240-4056-2 , also: Dissertation, Stanford University, 1978
  • with D. John Roberts : Economics, organization, and management. Prentice Hall, Englewood Cliffs, NJ 1992, ISBN 0-13-224650-3
  • Putting auction theory to work. Cambridge University Press, Cambridge 2004, ISBN 0-521-55184-6
  • Discovering prices. Auction design in markets with complex constraints. Columbia University Press, New York, NY [2017], ISBN 978-0231-17598-2

Web links

Individual evidence

  1. ↑ Who will be the winner of the Nobel Prize in Economics? FAZ, October 5, 2018, archived copy ( Memento from October 6, 2018 in the Internet Archive )
personal data
SURNAME Milgrom, Paul
ALTERNATIVE NAMES Milgrom, Paul Robert (full name)
SHORT DESCRIPTION American economist
DATE OF BIRTH April 20, 1948
PLACE OF BIRTH Detroit , Michigan