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Paul R. Milgrom
Paul Milgrom is Shirley R. and Leonard W.
Ely, Jr., Professor of Humanities and
Social Sciences and Professor of Economics, Stanford University, and
Co-President of Spectrum Exchange.
Together with Robert Wilson and Preston McAfee, Professor Milgrom
designed the mechanism used by the FCC for its spectrum auctions.
More recently he has led or supported auction design project teams for
new FCC spectrum auctions and for spectrum auctions and electric utility
auctions in various countries, including the United States, Mexico, Canada, and
Germany. He has advised bidders in
other auctions. Professor
Milgrom has published widely on auctions and
related topics, and lectured on “Putting Auction Theory to Work” as part of
the 1996 Nobel Prize week activities. He
has also taught at the University
of California at Berkeley, Yale University, and Northwestern University.
Professor Milgrom received his
A.B. in Mathematics from the University of Michigan, M.S. in Statistics from
Stanford University, and Ph.D. in Business from Stanford University.