Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • July 2021
  • Article
  • Scandinavian Journal of Economics

Discovering Auctions: Contributions of Paul Milgrom and Robert Wilson

By: Alex Teytelboym, Shengwu Li, Scott Duke Kominers, Mohammad Akbarpour and Piotr Dworczak
  • Format:Print
ShareBar

Abstract

The 2020 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded to Paul R. Milgrom and Robert B. Wilson for “improvements to auction theory and inventions of new auction formats.” In this survey article, we review the contributions of the laureates, emphasizing the subtle interplay between deep theoretical questions and practical design challenges that resulted in one of the most successful fields of economics.

Keywords

Economics; Auctions; Theory; Design

Citation

Teytelboym, Alex, Shengwu Li, Scott Duke Kominers, Mohammad Akbarpour, and Piotr Dworczak. "Discovering Auctions: Contributions of Paul Milgrom and Robert Wilson." Scandinavian Journal of Economics 123, no. 3 (July 2021): 709–750. (Authors' names are in certified random order.)
  • Find it at Harvard
  • Read Now

About The Author

Scott Duke Kominers

Entrepreneurial Management
→More Publications

More from the Authors

    • Harvard Business Review Digital Articles

    Why Build in Web3

    By: Jad Esber and Scott Duke Kominers
    • Bloomberg Opinion

    Why One Little Goof Drove Wordle Fans Nuts

    By: Scott Duke Kominers
    • Bloomberg Opinion

    The Failure of Covid.gov Is Worse Than Inexcusable

    By: Scott Duke Kominers
More from the Authors
  • Why Build in Web3 By: Jad Esber and Scott Duke Kominers
  • Why One Little Goof Drove Wordle Fans Nuts By: Scott Duke Kominers
  • The Failure of Covid.gov Is Worse Than Inexcusable By: Scott Duke Kominers
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Digital Accessibility
Copyright © President & Fellows of Harvard College