2020 - Nobel Prize for improvements to auction theory and inventions of new auction formats
2020 - Distinguished Fellow of the American Economic Association
2020 - Nobel Memorial Prize laureates in Economics for improvements to auction theory and inventions of new auction formats.
2012 - BBVA Foundation Frontiers of Knowledge Award
2006 - Member of the National Academy of Sciences
1992 - Fellow of the American Academy of Arts and Sciences
1986 - Fellow of John Simon Guggenheim Memorial Foundation
1983 - Fellows of the Econometric Society
His primary areas of study are Microeconomics, Mathematical economics, Auction theory, English auction and Revenue equivalence. His Microeconomics research is mostly focused on the topic Common value auction. His Mathematical economics research includes themes of Limit price and Oligopoly.
Auction theory is closely attributed to Reverse auction in his work. His work carried out in the field of Generalized second-price auction brings together such families of science as Forward auction and Combinatorial auction. His Nash equilibrium research is multidisciplinary, relying on both Symmetric equilibrium and Repeated game.
His scientific interests lie mostly in Microeconomics, Common value auction, Mathematical economics, Auction theory and Incentive. The Microeconomics study combines topics in areas such as Rational expectations, Private information retrieval and Operations research. The study incorporates disciplines such as Bidding, Core and Revenue in addition to Common value auction.
His research combines General equilibrium theory and Mathematical economics. Paul Milgrom regularly ties together related areas like Industrial organization in his Incentive studies. His work is dedicated to discovering how Vickrey auction, English auction are connected with Vickrey–Clarke–Groves auction, Proxy bid, Multiunit auction and Unique bid auction and other disciplines.
Paul Milgrom mainly investigates Common value auction, Microeconomics, Mathematical economics, Incentive and Auction theory. His Common value auction research includes themes of Value, Advertising and Process. His work on Vickrey auction as part of general Microeconomics study is frequently linked to Complementarity, therefore connecting diverse disciplines of science.
Paul Milgrom studied Incentive and Industrial organization that intersect with Investment, License and Core. His Auction theory research is multidisciplinary, incorporating perspectives in Reverse auction and English auction. His study looks at the intersection of Vickrey–Clarke–Groves auction and topics like Combinatorial auction with Econometrics.
Microeconomics, Common value auction, Auction theory, Spectrum auction and Incentive are his primary areas of study. The concepts of his Microeconomics study are interwoven with issues in Resource allocation and Curriculum. His Procurement auctions study in the realm of Common value auction interacts with subjects such as Class.
His research in Auction theory tackles topics such as Reverse auction which are related to areas like Vickrey–Clarke–Groves auction, Computer network and Vickrey auction. His Spectrum auction research incorporates elements of Commerce, Mathematical economics, Outcome, Nash equilibrium and Commission. His study in Incentive is interdisciplinary in nature, drawing from both Notice, Collusion, Public relations and Agency.
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Economics, Organization and Management
Paul R. Milgrom;John Donald Roberts.
(1992)
Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design
Bengt Holmstrom;Paul Milgrom.
Journal of Law Economics & Organization (1991)
Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
Lawrence R. Glosten;Lawrence R. Glosten;Paul R. Milgrom.
Journal of Financial Economics (1985)
A theory of auctions and competitive bidding
Paul R Milgrom;Robert J Weber.
Econometrica (1982)
The Economics of Modern Manufacturing: Technology, Strategy, and Organization
Paul Milgrom;John Roberts.
The American Economic Review (1990)
AGGREGATION AND LINEARITY IN THE PROVISION OF INTERTEMPORAL INCENTIVES
Bengt Robert Holmström;Paul R. Milgrom.
Econometrica (1987)
Good News and Bad News: Representation Theorems and Applications
Paul R. Milgrom.
The Bell Journal of Economics (1981)
Rational cooperation in the finitely repeated prisoners' dilemma
David M Kreps;Paul Milgrom;John Roberts;Robert Wilson.
Journal of Economic Theory (1982)
Complementarities and fit strategy, structure, and organizational change in manufacturing
Paul Milgrom;John Roberts.
Journal of Accounting and Economics (1995)
Price and Advertising Signals of Product Quality
Paul Milgrom;John Roberts.
Journal of Political Economy (1986)
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