March 1, 2008

Paul Robert Milgrom

Department of Economics

(419) 791-8545 (Fax & voicemail)

Stanford University

Stanford, CA 94305

paul@milgrom.net

www.milgrom.net

Personal

Born April 20, 1948 in Detroit, Michigan

Married to Eva Meyersson Milgrom

Regular Academic Employment

1987- Stanford University

Shirley R. and Leonard W. Ely, Jr. Professor of Humanities and Sciences (1993-)

Professor of Economics (1987-)

Professor (by courtesy), Graduate School of Business

Senior Fellow (by courtesy), SIEPR (2007-)

Director, Stanford Institute for Theoretical Economics (1989-91)

1982‑87 Yale University

Williams Brothers Professor of Management Studies and Professor of Economics 1985‑87

Professor of Economics and Management 1983‑85

Visiting Professor 1982‑83

1979‑83 Northwestern University

Kellogg Graduate School of Management

Department of Managerial Economics and Decision Sciences

Professor 1982‑83

Associate Professor 1981‑82

Assistant Professor 1979‑81

Education

1975‑78 Stanford University

Ph.D. in Business, January 1979

M.S. in Statistics, April 1978

1966‑70 University of Michigan

A.B. in Mathematics with high honors, May 1970

1962-66 Oak Park High School

Honors, Awards, Prizes, Fellowships, Chairs and Grants

2007	President, Western Economic Association International (WEAI). National Science Foundation Grant on “Market Design.”
2006	Elected to the National Academy of Sciences. Colin Clarke lecture, Econometric Society Australasian Meeting. Manchot lecture, University of Bonn.
2005	Elected to the Executive Committee of the Econometric Society. Elected Vice President of the Western Economic Association. Chung-Hua lecturer, Academia Sinica (Taiwan). Clarendon lecturer, Oxford University.
2004	Fischer-Schulz lecturer, Econometric Society. Koopmans lecturer, Yale University. National Science Foundation research grant to study “Electronic Auction Markets.” Council Member, Econometric Society.
2003	National Science Foundation research grant to study “Cumulative Offer Processes,” Landau economics teaching prize, Stanford University. Elected to the Council, Game Theory Society. Distinguished Economist lecture, Federal Communications Commission.
2001	Honorary doctorate, Stockholm School of Economics.
2000	Taussig Visiting Research Professor, Harvard University.
1999	Murray S. Johnson inaugural lecture, University of Texas. Industry Canada distinguished lecture.
1998	Fain lecture, Brown University. Lawrence Klein lecture, University of Pennsylvania. Fellow (2^nd time), Center for Advanced Study in the Behavioral Sciences.
1997	Alberto Bailleres Founder’s Lecture at Instituto Tecnologico Autonomo de Mexico (ITAM). Plenary lecturer, Econometric Society Far Eastern Meeting. Plenary lecturer, Australian Industry Economics Meeting, University of Melbourne.
1996	Nobel Prize memorial lecture (honoring deceased Nobel laureate William Vickrey) at the Royal Swedish Academy of Sciences.
1995	Churchill lectures at Cambridge University. Political Economy Special Lecture at Harvard University.
1994	National Science Foundation research grant “Comparative Statics, Complementarities, Coordination and Change,” covering 1994-1997. Woytinsky distinguished lecturer, University of Michigan.
1993	Senior Research Fellow, Institute for Policy Reform. Shirley R. and Leonard W. Ely, Jr. Professor of Humanities and Sciences.
1992	Fellow, American Academy of Arts and Sciences. International Guest Scholar, Kyoto University.
1991	Fellow, Center for Advanced Study in the Behavioral Sciences. National Science Foundation research grant “Theories of the Firm ‑ 2” covering 1991-1994.
1990	Center for Economic Policy Research grant to study “The Economics of Modern Manufacturing.”
1989	National Science Foundation grant to direct programs for the Stanford Institute for Theoretical Economics; National Academy of Sciences award to lecture in China on economics of organizations.
1988	Olin Distinguished Lecturer, Princeton University; National Science Foundation research grant “Theories of the Firm” covering 1988-91; Center for Economic Policy Research grant.
1987	Prize for Best Paper of the Year in the Transactions of the Society of Actuaries.
1986	Ford Visiting Professor of Economics, University of California-Berkeley; John Simon Guggenheim Fellowship to study “Economic Theories of Organization.”
1985	Williams Brothers Chair in Management Studies, Yale University; National Science Foundation research grant “On the Formal Economic Theory of Organizations”; Fellow of the Institute for Advanced Studies, Hebrew University of Jerusalem; plenary lecturer at the Fifth World Congress of the Econometric Society.
1984	Fellow of the Econometric Society; Fellow of Morse College (of Yale University)
1983	Research Award, Actuarial Education and Research Fund; Honorary Master of Arts degree, Yale University
1982	National Science Foundation research grant to study “The Structure of Information in a Productive Organization.”
1981	IBM Research Chair at Northwestern University. Visiting Research Associate, Stanford University.
1980	Leonard J. Savage Memorial Thesis Award; National Science Foundation research grant: “Information and Uncertainty in Competitive Bidding.”
1976	Society of Actuaries Triennial Paper Prize for best paper by an actuary within five of membership, for the period 1973-75.
1974	Fellow of the Society of Actuaries

Major Professional Activities and Affiliations

2007-2008	President, Western Economic Association International (WEAI). Editorial Board of AEJ Microeconomics.
2006-2007	Member, National Academy of Sciences. President-Elect, Western Economic Association International (WEAI).
2005-2006	Vice President, Western Economic Association International (WEAI).
2005-2009	Executive Committee of the Econometric Society
2004-	Council, Econometric Society
2003-	Council, Game Theory Society
2000-2002	Chief economist, Perfect Commerce
1997-2002	Editorial Consultant, MIT Press
1997-1999	Editorial Board, Journal of Comparative Economics
1996-	Founder and Director, Market Design Inc. (Chairman, 1996-2002)
1996	Nemmers Prize Selection Committee, Northwestern University
1996-	Advisory Board, Microeconomics Abstracts
1995-	Advisory Board, Economics Research Network
1994-95	Program Committee, 1995 World Congress of the Econometric Society
1993-95	Senior Research Fellow, Institute for Policy Reform
1993-2000	Associate Editor, American Economic Review
1992-	Fellow, American Academy of Arts and Sciences
1990-93	Co-Editor, American Economic Review
1990-	Associate Editor, Games and Economic Behavior
1989-92	Associate Editor, Journal of Financial Intermediation
1987-90	Associate Editor, Econometrica
1985-89	Associate Editor, Rand Journal of Economics
1983-87	Associate Editor, Journal of Economic Theory
1984	Chair, Program Committee, Econometric Society Winter Meetings
1984-	Fellow, Econometric Society
1980-	Member, American Economic Association

Link to Books and Published Articles

Link to Unpublished Working Papers

Patents Issued

1. Method and System for Combinatorial Auctions with Bid Composition Restrictions, with co‑inventor Preston McAfee. US Patent 6,718,312.

2. Method, system and business model for a buyer's auction with near perfect information using the internet, with co-inventors Marc Porat and Kevin Surace. US Patent 7,330,826.