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Paul Milgrom Wins the BBVA Foundation Frontiers of Knowledge Award

Monday, 04 March 2013 09:09

The BBVA Foundation Frontiers of Knowledge Award in the Economics, Finance and Management category goes in this fifth edition to U.S. mathematician Paul Milgrom “for his seminal contributions to an unusually wide range of fields of economics including auctions, market design, contracts and incentives, industrial economics, economics of organizations, finance, and game theory,” in the words of the prize jury.

CERGE-EI has hosted Paul Milgrom and his lecture “The US Incentive Auctions” on the “International Conference on Market Design” held in CERGE-EI in October 2012. At the conference at CERGE-EI, Professor Milgrom gave a public lecture about his recent work for the FCC on the ’Incentive Auction in the US’.

Watch an interview with professor Milgrom at our blog http://blog.cerge-ei.cz/?p=1618

Video from the lecture available here bit.ly/ZwME0v

*Paul Milgrom (Detroit, Michigan, 1948) completed a BA in mathematics at the University of Michigan, before moving to Stanford, where he specialized in statistics and earned a PhD in business. He began his research and teaching career at Northwestern University (Illinois), where he would later occupy a series of professorial posts. In 1987, after five years at Yale, he returned to Stanford University, where he is currently the Shirley and Leonard Ely Professor of Humanities and Sciences, as well as professor by courtesy in the Stanford Graduate School of Business.