Auction
Spectrum Auctions: There Is Elegance in the Mundane
As a student, Booth School Professor Anthony Lee Zhang was puzzled that Paul Milgrom chose to spend so much of his time on spectrum...
When Scholarship Turns Into Business: Stefano Feltri Responds to Paul Milgrom
Stefano Feltri responds to Paul Milgrom’s criticisms of his recent ProMarket piece on the 2017 FCC spectrum auction.
In his response, Paul Milgrom discloses some...
Should We Leave Public Resource Allocation to the Experts? Glen Weyl Responds to Paul Milgrom
Glen Weyl, Microsoft’s Office of the Chief Technology Officer Political Economist and Social Technologist, responds to Paul Milgrom’s criticisms of his recent ProMarket piece...
Was the 2017 FCC Spectrum Auction a Success—or a Disappointing Failure?
In a post published on his company’s website, Stanford professor Paul Milgrom responded to the recent ProMarket pieces by Glen Weyl and Stefano Feltri...
It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network
Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum auction, thanks...
How Market Design Economists Helped Engineer a Mass Privatization of Public Resources
In 2017, the Federal Communications Commission conducted a complex two-sided auction to reallocate spectrum from broadcasters to mobile communications companies. The way economists designed...
