Details about Paul Milgrom

E-mail:
Homepage:	http://www.milgrom.net
Phone:	650-723-3397
Workplace:	Department of Economics, Stanford University, (more information at EDIRC)

Access statistics for papers by Paul Milgrom.

Last updated 2020-02-04. Update your information in the RePEc Author Service.

Short-id: pmi34

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Working Papers

2018

1. How Artificial Intelligence and Machine Learning Can Impact Market Design
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
   See also Chapter (2018)

2017

2. Redesigning Spectrum Licenses to Encourage Innovation and Investment
   Research Papers, Stanford University, Graduate School of Business

2012

3. System and Method for a Hybrid Clock and Proxy Auction
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
   Also in Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton (2012)
4. System and Method for the Efficient Clearing of Spectrum Encumbrances
   Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton

2011

5. The Case for Unlicensed Spectrum
   Discussion Papers, Stanford Institute for Economic Policy Research View citations (8)

2010

6. Adaptive and Sophisticated Learning in Repeated Normal-Form Games
   Levine's Working Paper Archive, David K. Levine View citations (15)
7. Rational Cooperation in the Finitely Repeated Prisoners' Dilemma
   Levine's Working Paper Archive, David K. Levine View citations (24)
   See also Journal Article in Journal of Economic Theory (1982)
8. Rationalizability, Learning, and Equilibrium in Games with Strategic Complements
   Levine's Working Paper Archive, David K. Levine View citations (1)

2009

9. Winning Play in Spectrum Auctions
   Discussion Papers, Stanford Institute for Economic Policy Research View citations (29)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (31)

2008

10. Assignment Messages and Exchanges
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (3)
    See also Journal Article in American Economic Journal: Microeconomics (2009)
11. Simplified Mechanisms with an Application to Sponsored-Search Auctions
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (3)
    See also Journal Article in Games and Economic Behavior (2010)

2007

12. Simplified Mechanisms with Applications to Sponsored Search and Package Auctions
    Levine's Bibliography, UCLA Department of Economics View citations (1)
    Also in Discussion Papers, Stanford Institute for Economic Policy Research (2007) View citations (1)
13. Substitute Valuations, Auctions, and Equilibrium with Discrete Goods
    Economics Series Working Papers, University of Oxford, Department of Economics
    Also in Levine's Bibliography, UCLA Department of Economics (2006)
14. The Limited Influence of Unemployment on the Wage Bargain
    Levine's Bibliography, UCLA Department of Economics View citations (13)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (27)
    See also Journal Article in American Economic Review (2008)
15. What the Seller Won’t Tell You: Persuasion and Disclosure in Markets
    Levine's Bibliography, UCLA Department of Economics
    See also Journal Article in VOPROSY ECONOMIKI (2009)
16. When Should Control Be Shared?
    Levine's Bibliography, UCLA Department of Economics View citations (1)
    Also in Discussion Papers, Stanford Institute for Economic Policy Research (2007) View citations (1)

2006

17. Concepts and Properties of Substitute Goods
    Economics Papers, Economics Group, Nuffield College, University of Oxford
18. Incentives in Core-Selecting Auctions
    Levine's Bibliography, UCLA Department of Economics View citations (2)
19. Package Auctions and Package Exchanges: the 2004 Fisher-Schultz Lecture
    Levine's Bibliography, UCLA Department of Economics
20. Substitutes Valuations with Divisible Goods
    Levine's Bibliography, UCLA Department of Economics

2005

21. Ascending Proxy Auctions
    Levine's Bibliography, UCLA Department of Economics View citations (2)
    Also in Discussion Papers, Stanford Institute for Economic Policy Research (2004) View citations (1)
22. Auctions, Matching and the Law of Aggregate Demand
    Levine's Bibliography, UCLA Department of Economics View citations (14)

2004

23. The Clock-Proxy Auction: A Practical Combinatorial Auction Design
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (2)
    Also in Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton (2004) View citations (15)
24. The Lovely but Lonely Vickrey Auction
    Discussion Papers, Stanford Institute for Economic Policy Research View citations (2)

2003

25. Matching with Contracts
    Working Papers, Stanford University, Department of Economics View citations (6)
    See also Journal Article in American Economic Review (2005)

2002

26. Ascending Auctions with Package Bidding
    Working Papers, Stanford University, Department of Economics View citations (212)
    See also Journal Article in The B.E. Journal of Theoretical Economics (2002)

1998

27. Limit Pricing and Entry Under Incomplete Information: An Equilibrium Analysis
    Levine's Working Paper Archive, David K. Levine View citations (13)
    See also Journal Article in Econometrica (1982)
28. Putting auction theory to work: the simultaneous ascending auction
    Policy Research Working Paper Series, The World Bank View citations (5)
    Also in Working Papers, Stanford University, Department of Economics View citations (4)
    See also Journal Article in Journal of Political Economy (2000)
29. Simultaneous Ascending Auctions with Package Bidding
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton View citations (27)

1997

30. Auction Design Enhancements for Non-Combinatorial Auctions
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
31. Information and timing in repeated partnerships
    Levine's Working Paper Archive, David K. Levine View citations (10)
    Also in Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University (1988) View citations (3)
    See also Journal Article in Econometrica (1991)
32. Package Bidding for Spectrum Licenses
    Papers of Peter Cramton, University of Maryland, Department of Economics - Peter Cramton
33. Predation, reputation, and entry deterrence
    Levine's Working Paper Archive, David K. Levine View citations (32)
    Also in Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science (1980) View citations (2)
    See also Journal Article in Journal of Economic Theory (1982)

1992

34. Organizational Prospects, Influence Costs, and Ownership Changes
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (170)

1991

35. Monotone Comparative Statics
    Working Papers, Stanford - Institute for Thoretical Economics View citations (28)
    See also Journal Article in Econometrica (1994)

1988

36. A Theory of Hierarchies Based on Limited Managerial Attention
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)
    See also Journal Article in Journal of the Japanese and International Economies (1991)

1987

37. Adverse Selection Without Hidden Information
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (8)
    Also in Economics Working Papers, University of California at Berkeley (1987) View citations (7)
38. An Essay on Price Discrimination
    Economics Working Papers, University of California at Berkeley View citations (2)
39. Bargaining and Influence Costs and the Organization of Economic Activity
    Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley View citations (4)
    Also in Economics Working Papers, University of California at Berkeley (1987) View citations (25)
40. Employment Contracts, Influence Activities and Efficient Organization Design
    Economics Working Papers, University of California at Berkeley View citations (4)
    Also in Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley (1987) View citations (4)
    See also Journal Article in Journal of Political Economy (1988)
41. Short-Term Contracts and Long-Term Agency Relationships
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (21)
    See also Journal Article in Journal of Economic Theory (1990)

1986

42. Quasirents, Influence and Organization Form
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University

1985

43. Aggregation and Linearity in the Provision of Intertemporal Incentives
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (18)
    See also Journal Article in Econometrica (1987)
44. Auction Theory
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (76)
45. Job Discrimination, Market Forces and the Invisibility Hypothesis
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (9)
    See also Journal Article in The Quarterly Journal of Economics (1987)
46. Relying on the Information of Interested Parties
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (14)
    See also Journal Article in RAND Journal of Economics (1986)

1984

47. Price and Advertising Signals of Product Quality
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (14)
    See also Journal Article in Journal of Political Economy (1986)

1983

48. Bid, Ask and Transaction Prices in a Specialist Market with Heterogeneously Informed Traders
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (50)
    See also Journal Article in Journal of Financial Economics (1985)
49. Organizing Production in a Large Economy
    Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (1)

1981

50. A Theory of Auctions and Competitive Bidding
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (5)
    See also Journal Article in Econometrica (1982)
51. Distributional Strategies for Games with Incomplete Information
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (55)
    See also Journal Article in Mathematics of Operations Research (1985)
52. The Value of Information in a Sealed-Bid Auction
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (11)
    See also Journal Article in Journal of Mathematical Economics (1982)
53. Topologies on Information and Strategies in Games with Incomplete Information
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (2)

1979

54. An Axiomatic Characterization of Common Knowledge
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science
    See also Journal Article in Econometrica (1981)
55. Equilibrium Limit Pricing Doesn't Limit Entry
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)
56. Good Nevs and Bad News: Representation Theorems and Applications
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)
    See also Journal Article in Bell Journal of Economics (1981)
57. Information, Trade, and Common Knowledge
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (1)
    See also Journal Article in Journal of Economic Theory (1982)

1978

58. A Bidding Model of Price Formation Under Uncertainty
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (2)
59. Rational Expectations
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science View citations (29)

Undated

60. Strongly Coalition-Proof Equilibria in Games with Strategic Complementarities
    Working Papers, Stanford University, Department of Economics
61. The Envelope Theorems
    Working Papers, Stanford University, Department of Economics View citations (1)
62. The LeChatelier Principle
    Working Papers, Stanford University, Department of Economics
    See also Journal Article in American Economic Review (1996)

Journal Articles

2020

1. Clock Auctions and Radio Spectrum Reallocation
   Journal of Political Economy, 2020, 128, (1), 1 - 31 View citations (16)

2018

2. Equilibrium Selection in Auctions and High Stakes Games
   Econometrica, 2018, 86, (1), 219-261 View citations (7)

2016

3. Adverse Selection and Auction Design for Internet Display Advertising
   American Economic Review, 2016, 106, (10), 2852-66 View citations (9)

2014

4. Ascending prices and package bidding: Further experimental analysis
   Games and Economic Behavior, 2014, 85, (C), 210-231 View citations (7)

2013

5. Designing Random Allocation Mechanisms: Theory and Applications
   American Economic Review, 2013, 103, (2), 585-623 View citations (108)

2011

6. CRITICAL ISSUES IN THE PRACTICE OF MARKET DESIGN
   Economic Inquiry, 2011, 49, (2), 311-320 View citations (8)

2010

7. Ascending Prices and Package Bidding: A Theoretical and Experimental Analysis
   American Economic Journal: Microeconomics, 2010, 2, (3), 160-85 View citations (21)
8. Online Advertising: Heterogeneity and Conflation in Market Design
   American Economic Review, 2010, 100, (2), 603-07 View citations (42)
9. Simplified mechanisms with an application to sponsored-search auctions
   Games and Economic Behavior, 2010, 70, (1), 62-70 View citations (24)
   See also Working Paper (2008)

2009

10. Assignment Messages and Exchanges
    American Economic Journal: Microeconomics, 2009, 1, (2), 95-113 View citations (33)
    See also Working Paper (2008)
11. Substitute goods, auctions, and equilibrium
    Journal of Economic Theory, 2009, 144, (1), 212-247 View citations (27)
12. What the Seller Won’t Tell You: Persuasion and Disclosure in Markets
    VOPROSY ECONOMIKI, 2009, 3
    Also in Journal of Economic Perspectives, 2008, 22, (2), 115-131 (2008) View citations (48)
    See also Working Paper (2007)

2008

13. Core-selecting package auctions
    International Journal of Game Theory, 2008, 36, (3), 393-407 View citations (86)
14. The Limited Influence of Unemployment on the Wage Bargain
    American Economic Review, 2008, 98, (4), 1653-74 View citations (398)
    See also Working Paper (2007)

2007

15. Package Auctions and Exchanges
    Econometrica, 2007, 75, (4), 935-965 View citations (32)

2005

16. Matching with Contracts
    American Economic Review, 2005, 95, (4), 913-935 View citations (354)
    See also Working Paper (2003)

2002

17. Ascending Auctions with Package Bidding
    The B.E. Journal of Theoretical Economics, 2002, 1, (1), 1-44 View citations (232)
    See also Working Paper (2002)
18. Envelope Theorems for Arbitrary Choice Sets
    Econometrica, 2002, 70, (2), 583-601 View citations (543)
19. Package Bidding Vickrey vs. Ascending Auctions
    Revue économique, 2002, 53, (3), 391-402 View citations (1)
    Also in Revue Économique, 2002, 53, (3), 391-402 (2002) View citations (1)

2000

20. Putting Auction Theory to Work: The Simultaneous Ascending Auction
    Journal of Political Economy, 2000, 108, (2), 245-272 View citations (278)
    See also Working Paper (1998)

1998

21. Game theory and the spectrum auctions
    European Economic Review, 1998, 42, (3-5), 771-778 View citations (15)

1996

22. Coalition-Proofness and Correlation with Arbitrary Communication Possibilities
    Games and Economic Behavior, 1996, 17, (1), 113-128 View citations (43)
23. The LeChatelier Principle
    American Economic Review, 1996, 86, (1), 173-79 View citations (40)
    See also Working Paper

1995

24. Complementarities and fit strategy, structure, and organizational change in manufacturing
    Journal of Accounting and Economics, 1995, 19, (2-3), 179-208 View citations (598)
25. The Economics of Modern Manufacturing: Reply
    American Economic Review, 1995, 85, (4), 997-99 View citations (24)

1994

26. Comparing Equilibria
    American Economic Review, 1994, 84, (3), 441-59 View citations (179)
27. Comparing Optima: Do Simplifying Assumptions Affect Conclusions?
    Journal of Political Economy, 1994, 102, (3), 607-15 View citations (24)
28. Complementarities and systems: Understanding japanese economic organization
    Estudios Económicos, 1994, 9, (1), 3-42 View citations (50)
29. Coordination, Commitment, and Enforcement: The Case of the Merchant Guild
    Journal of Political Economy, 1994, 102, (4), 745-76 View citations (266)
30. Monotone Comparative Statics
    Econometrica, 1994, 62, (1), 157-80 View citations (815)
    See also Working Paper (1991)
31. The Firm as an Incentive System
    American Economic Review, 1994, 84, (4), 972-91 View citations (546)

1991

32. A theory of hierarchies based on limited managerial attention
    Journal of the Japanese and International Economies, 1991, 5, (3), 205-225 View citations (84)
    See also Working Paper (1988)
33. Adaptive and sophisticated learning in normal form games
    Games and Economic Behavior, 1991, 3, (1), 82-100 View citations (179)
34. Complementarities, Momentum, and the Evolution of Modern Manufacturing
    American Economic Review, 1991, 81, (2), 84-88 View citations (59)
35. Information and Timing in Repeated Partnerships
    Econometrica, 1991, 59, (6), 1713-33 View citations (146)
    See also Working Paper (1997)
36. Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design
    The Journal of Law, Economics, and Organization, 1991, 7, 24-52 View citations (1860)

1990

37. Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities
    Econometrica, 1990, 58, (6), 1255-77 View citations (801)
38. Short-term contracts and long-term agency relationships
    Journal of Economic Theory, 1990, 51, (1), 1-31 View citations (162)
    See also Working Paper (1987)
39. THE ROLE OF INSTITUTIONS IN THE REVIVAL OF TRADE: THE LAW MERCHANT, PRIVATE JUDGES, AND THE CHAMPAGNE FAIRS
    Economics and Politics, 1990, 2, (1), 1-23 View citations (415)
40. The Economics of Modern Manufacturing: Technology, Strategy, and Organization
    American Economic Review, 1990, 80, (3), 511-28 View citations (811)
41. The Efficiency of Equity in Organizational Decision Processes
    American Economic Review, 1990, 80, (2), 154-59 View citations (45)

1989

42. Auctions and Bidding: A Primer
    Journal of Economic Perspectives, 1989, 3, (3), 3-22 View citations (196)

1988

43. Economic Theories of the Firm: Past, Present, and Future
    Canadian Journal of Economics, 1988, 21, (3), 444-58 View citations (14)
44. Employment Contracts, Influence Activities, and Efficient Organization Design
    Journal of Political Economy, 1988, 96, (1), 42-60 View citations (236)
    See also Working Paper (1987)

1987

45. Aggregation and Linearity in the Provision of Intertemporal Incentives
    Econometrica, 1987, 55, (2), 303-28 View citations (988)
    See also Working Paper (1985)
46. Informational Asymmetries, Strategic Behavior, and Industrial Organization
    American Economic Review, 1987, 77, (2), 184-93 View citations (16)
47. Job Discrimination, Market Forces, and the Invisibility Hypothesis
    The Quarterly Journal of Economics, 1987, 102, (3), 453-476 View citations (137)
    See also Working Paper (1985)

1986

48. Price and Advertising Signals of Product Quality
    Journal of Political Economy, 1986, 94, (4), 796-821 View citations (805)
    See also Working Paper (1984)
49. Relying on the Information of Interested Parties
    RAND Journal of Economics, 1986, 17, (1), 18-32 View citations (495)
    See also Working Paper (1985)

1985

50. Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
    Journal of Financial Economics, 1985, 14, (1), 71-100 View citations (2109)
    See also Working Paper (1983)
51. Distributional Strategies for Games with Incomplete Information
    Mathematics of Operations Research, 1985, 10, (4), 619-632 View citations (249)
    See also Working Paper (1981)

1984

52. Axelrod's The Evolution of Cooperation
    RAND Journal of Economics, 1984, 15, (2), 305-309 View citations (2)

1983

53. Competitive bidding and proprietary information
    Journal of Mathematical Economics, 1983, 11, (2), 161-169 View citations (129)

1982

54. A Theory of Auctions and Competitive Bidding
    Econometrica, 1982, 50, (5), 1089-1122 View citations (1266)
    See also Working Paper (1981)
55. Information, trade and common knowledge
    Journal of Economic Theory, 1982, 26, (1), 17-27 View citations (546)
    See also Working Paper (1979)
56. Limit Pricing and Entry under Incomplete Information: An Equilibrium Analysis
    Econometrica, 1982, 50, (2), 443-59 View citations (389)
    See also Working Paper (1998)
57. Predation, reputation, and entry deterrence
    Journal of Economic Theory, 1982, 27, (2), 280-312 View citations (522)
    See also Working Paper (1997)
58. Rational cooperation in the finitely repeated prisoners' dilemma
    Journal of Economic Theory, 1982, 27, (2), 245-252 View citations (793)
    See also Working Paper (2010)
59. The value of information in a sealed-bid auction
    Journal of Mathematical Economics, 1982, 10, (1), 105-114 View citations (79)
    See also Working Paper (1981)

1981

60. An Axiomatic Characterization of Common Knowledge
    Econometrica, 1981, 49, (1), 219-22 View citations (39)
    See also Working Paper (1979)
61. Good News and Bad News: Representation Theorems and Applications
    Bell Journal of Economics, 1981, 12, (2), 380-391 View citations (1310)
    See also Working Paper (1979)
62. Rational Expectations, Information Acquisition, and Competitive Bidding
    Econometrica, 1981, 49, (4), 921-43 View citations (189)

1979

63. A Convergence Theorem for Competitive Bidding with Differential Information
    Econometrica, 1979, 47, (3), 679-88 View citations (70)

Books

2004

1. Putting Auction Theory to Work
   Cambridge Books, Cambridge University Press View citations (668)
   Also in Cambridge Books, Cambridge University Press (2004) View citations (668)

Chapters

2018

1. How Artificial Intelligence and Machine Learning Can Impact Market Design
   A chapter in The Economics of Artificial Intelligence: An Agenda, 2018, pp 567-585 View citations (10)
   See also Working Paper (2018)

2012

2. Complementarity in Organizations
   A chapter in : The Handbook of Organizational Economics, 2012 View citations (7)

1992

3. The Real Output of the Stock Exchange
   A chapter in Output Measurement in the Service Sectors, 1992, pp 195-216 View citations (18)