The Nobel Prize Winner Who Created a Better Auction: A Conversation With Paul Milgrom

Stanford University economics professor Paul Milgrom has been at the forefront of auction theory for nearly three decades, studying auction design and bidder behavior.

When the U.S. government in 1993 approved the first auction of radio spectrum to wireless carriers, it faced the complex task of distributing the licenses to a nascent industry.

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Source:" WSJ "

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