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De teoría de subastas a diseño de mercados: las contribuciones de Paul Milgrom y Robert Wilson a la economía

From auction theory to market design: Paul Milgrom and Robert Wilson’s contributions to Economics

Leandro Arozamena (), Andres Fioriti () and Federico Weinschelbaum ()

Estudios Economicos, 2021, vol. 038 (Nueva Serie), issue 76, 279-296

Abstract: The 2020 Economics Nobel Prize was awarded to Paul Milgrom and Robert Wilson. Both laureates have made seminal, crucial contributions to auction theory and practical market design. Here, we briefly describe those contributions and their significance within the general context of auction theory and practice. We also review the laureates’ substantial and highly influential work in other areas of economics

Keywords: subastas; diseño de mecanismos; diseño de mercados; auctions; mechanism design; market design (search for similar items in EconPapers)
JEL-codes: C72 D82 D44 (search for similar items in EconPapers)
Date: 2021
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