About Paul

milgrom-profile.jpgPaul 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 the Stanford Graduate School of Business. He is a member of both the National Academy of Sciences and the American Academy of Arts and Sciences and a winner of the 2008 Nemmers Prize in Economics [see Nemmers Prize lecture here] and the 2012 BBVA Frontiers of Knowledge award.

Milgrom is best known for his contributions to the microeconomic theory, his pioneering innovations in the practical design of multi-item auctions, and the extraordinary successes of his students and academic advisees. According to his BBVA Award citation: “Paul Milgrom has made 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.” According to a count by Google Scholar, Milgrom’s books and articles have received more than 60,000 citations.

Academic Degrees

  • PhD in Business, Stanford University, 1979
  • MS in Statistics, Stanford University, 1978
  • MA (Honors), Yale University, 1982
  • AB, University of Michigan, 1970

Academic Appointments

  • At Stanford University since 1987
  • Shirley R. and Leonard W. Ely Jr. Professor of Humanities and Sciences, Stanford University Economics Department, 1993-present
  • Professor of Economics, Stanford University Economics Department, 1987-1993
  • Williams Brothers Professor of Management, Yale University, 1985-1987
  • Professor of Management, Yale University, 1983-1985
  • Assistant Professor and Professor of Economics, Northwestern University, 1979-1983

Awards and Honors

  • Nemmers Prize in Economics, Northwestern University, 2008
  • Fellow, National Academy of Sciences, 2006
  • Fellow, American Academy of Arts and Sciences, 1992
  • Fellow, Econometric Society, 1984
  • BBVA Foundation Fronters of Knowledge Prize, 2013


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