Congratulations to WEAI Past President Paul Milgrom
Co-recipient of the 2020 Nobel Prize in Economics
Milgrom served as WEAI President 2007-2008. He and Wilson, along with Preston McAfee (former Economic Inquiry Editor), are best known for the simultaneous ascending auction, which was developed for the USFCC's allocation and sale of mobile-phone frequencies. Their ideas have been applied to everything from aircraft landing slots to fishing quotas, and now renewable energy as well.
Listen to the Nobel phone interview with Paul Milgrom