Paul Milgrom

Paul Milgrom

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Paul Milgrom is an American economist known for his contributions to auction theory and market design. He was awarded the Nobel Prize in Economic Sciences in 2020, alongside Robert Wilson, for their advancements in the understanding of how auctions work and the design of auction formats that improve efficiency and revenue. Milgrom's work has had a profound impact on both theoretical and practical aspects of economics, influencing how goods and services are allocated in various markets.

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Recent news mentions

Economist Paul Milgrom unplugged the phone when the Nobel committee called to tell him he had won the Nobel for economics.

Scientist on three-week off-grid hike finds out he's won the Nobel prize
BBC·United KingdomUnited Kingdom· 2025-10-08
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Paul Milgrom woke up Bob Wilson after the latter unplugged his phone during the night.

Nobel committee unable to reach prize winner on ‘digital detox’ hiking holiday – The Irish Times
The Irish Times – major Irish daily, est. 1859·IrelandIreland· 2025-10-07
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