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American economist (born 1948)
Paul Robert Milgrom (born April 20, 1948) is an American economist. He is the Shirley and Leonard Ely Professor of Humanities and Sciences at the Stanford
Paul_Milgrom
Surname list
Milgrom is a surname derived from the Yiddish word for pomegranate (מילגרוים, Milgroim) and may refer to: Allen "Al" Milgrom (born 1950), American comic
Milgrom
Economist and winner of the 2020 Nobel Prize in Economics
Sciences, together with his Stanford colleague and former student Paul R. Milgrom, "for improvements to auction theory and inventions of new auction
Robert_B._Wilson
American economist (born 1953)
Paul Robin Krugman (/ˈkrʊɡmən/ KRUUG-mən; born February 28, 1953) is an American economist who is the Distinguished Professor of Economics at the Graduate
Paul_Krugman
Logical paradox in decision-making theory
ISBN 978-0-300-07600-4. Marcuse, Herbert (1965). "Repressive Tolerance". In Wolff, Robert Paul; Moore, Barrington; Marcuse, Herbert (eds.). A Critique of Pure Tolerance
Paradox_of_tolerance
Mathematical models of strategic interactions
won the Nobel Prize in economics as of 2020, including most recently Paul Milgrom and Robert B. Wilson. Discussions on the mathematics of games began long
Game_theory
Decision rule used for minimizing the possible loss for a worst-case scenario
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Minimax
Paper-and-pencil game for two players
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Tic-tac-toe
Solution concept of a non-cooperative game
tb00338.x. S2CID 143728467., Thorpe, Robert B.; Jennings, Simon; Dolder, Paul J. (2017). "Risks and benefits of catching pretty good yield in multispecies
Nash_equilibrium
Israeli-American psychologist and economist (1934–2024)
systematically supported by psychological experiments. The pair also teamed with Paul Slovic to edit a compilation entitled Judgment Under Uncertainty: Heuristics
Daniel_Kahneman
Economic theorem
pertinent to debates over inside information. It was demonstrated by Paul Milgrom and Nancy Stokey in their 1982 paper, "Information, trade and common
No-trade_theorem
Search algorithm
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Alpha–beta_pruning
Condition in economics and game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Perfect_information
Australian economist (born 1968)
attended Stanford University for his PhD in economics. His supervisors were Paul Milgrom, Kenneth J. Arrow and Avner Greif. He graduated from Stanford in 1995;
Joshua_Gans
Military strategy during the Cold War with regard to the use of nuclear weapons
attack on them will trigger a greater deployment of forces. Dan Reiter and Paul Poast have argued that tripwires do not deter aggression. Dan Altman has
Deterrence_theory
Concept in game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Shapley_value
Situation where total gains match total losses
ProQuest 1301274043. See p. 88: "politics is not a zero-sum game". Adler, Paul S. (October 1982). "A Review Essay: The productivity puzzle: numbers alone
Zero-sum_game
English saying meaning "equivalent retaliation"
Link. Counterterrorism Killings and Provisional IRA Bombings, 1970-1998 Paul Gill, University College London James Piazza, Pennsylvania State University
Tit_for_tat
Branch of economics
informational settings. The 2020 Nobel Prize for Economics was awarded to Paul R. Milgrom and Robert B. Wilson "for improvements to auction theory and inventions
Auction_theory
Proof all ranked voting rules have spoilers
doi:10.1007/s003550000062. JSTOR 41106398. S2CID 7589377. preprint. Hansen, Paul (2002). "Another Graphical Proof of Arrow's Impossibility Theorem". The Journal
Arrow's_impossibility_theorem
Hand game for two players or more
of Impressionist paintings owned by his corporation, including works by Paul Cézanne, Pablo Picasso, and Vincent van Gogh, he contacted two leading auction
Rock_paper_scissors
Singapore economist (born 1985)
Harvard University Thesis Essays in Theoretical and Behavioral Economics (2016) Doctoral advisor Paul Milgrom Muriel Niederle Website www.shengwu.li
Li_Shengwu_(economist)
Model of conflict for two players in game theory
1177/1043463190002004004. ISSN 1043-4631. S2CID 144109323. Lau, Sau-Him Paul; Mui, Vai-Lam (2012). "Using turn taking to achieve intertemporal cooperation
Chicken_(game)
Game where groups of players may enforce cooperative behaviour
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Cooperative_game_theory
Field of economics and game theory
ISBN 978-0-19-507340-9. A standard text for graduate microeconomics. Milgrom, Paul (2004), Putting Auction Theory to Work, New York: Cambridge University
Mechanism_design
Weakly optimal allocation of resources
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Pareto_efficiency
Conflict between safety and cooperation
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Stag_hunt
Standard example in game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Prisoner's_dilemma
Application of game theory to evolving populations in biology
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Evolutionary_game_theory
Game whose outcome can be correctly predicted
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Solved_game
Making of satisfactory, not optimal, decisions
ISBN 978-1-59140-984-7. Munier, Bertrand; Selten, Reinhard; Bouyssou, Denis; Bourgine, Paul; Day, Richard; Harvey, Nigel; Hilton, Denis; Machina, Mark J.; Parker, Phil;
Bounded_rationality
Model of humans as rational, self-interested agents
Paul, Stuart Michaels and Ray Friedman. 1990. "Clean Models vs. Dirty Hands: Why Economics Is Different from Sociology." In Sharon Zukin and Paul DiMaggio
Homo_economicus
Overuse of a shared resource
PMID 11805825. S2CID 4310962. Balliet, Daniel; Mulder, Laetitia B.; Van Lange, Paul A. M. (2011). "Reward, punishment, and cooperation: a meta-analysis". Psychological
Tragedy_of_the_commons
economist Paul Milgrom shares Nobel for auction theory work". The Times of Israel. ISSN 0040-7909. Retrieved 2023-10-09. "Jewish American Paul Milgrom shares
List of Jewish Nobel laureates
List_of_Jewish_Nobel_laureates
Facilitating a peaceful outcome to a dispute
constructively. Volume 4. Kohlhammer, 2022, ISBN 978-3-17-035778-5, pp. 114–121. Paul Anker: Mastering Conflicts. Handbook for Scrum Masters in Agile Teams. Tredition
Conflict_resolution
Concept in game theory
84 (3): 658–673. ISSN 0002-8282. JSTOR 2118074. Stahl, Dale O.; Wilson, Paul W. (1 July 1995). "On Players′ Models of Other Players: Theory and Experimental
Focal_point_(game_theory)
Pairing where no unchosen pair prefers each other over their choice
Algorithms. MIT Press. p. 54. ISBN 0-262-07118-5. Hatfield, John William; Milgrom, Paul (2005). "Matching with Contracts". American Economic Review. 95 (4):
Stable_matching_problem
Thaler 2018: William Nordhaus / Paul Romer 2019: Abhijit Banerjee / Esther Duflo / Michael Kremer 2020: Paul Milgrom / Robert B. Wilson 2021: David Card
List of Nobel Memorial Prize laureates in Economic Sciences
List_of_Nobel_Memorial_Prize_laureates_in_Economic_Sciences
Hungarian and American mathematician and physicist (1903–1957)
Books Erickson, Paul (2015). The World the Game Theorists Made. University of Chicago Press. ISBN 978-0-226-09717-6. Halmos, Paul R. (1985). I Want
John_von_Neumann
Finding an optimal algorithm for playing chess
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Solving_chess
American economist and Nobel Laureate (1915–2009)
Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic
Paul_Samuelson
Human behavior pattern in which the participant takes on increasing risk
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Escalation_of_commitment
Problem in process of sharing surplus
symmetry, efficiency, and independence of irrelevant alternatives. According to Paul Walker, Nash's bargaining solution was shown by John Harsanyi to be the same
Cooperative_bargaining
American economist and Nobel Laureate (born 1944)
the Massachusetts Institute of Technology in 1970 under the guidance of Paul Samuelson. In 1970, Merton joined the faculty of the MIT Sloan School of
Robert_C._Merton
Class of strategies employed in a repeated non-cooperative game
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Trigger_strategy
American economist and Nobel Laureate (born 1955)
Paul Michael Romer (born November 7, 1955) is an American economist and policy entrepreneur who is a Seidner University Professor in Finance at Boston
Paul_Romer
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Transferable_utility
American economist (born 1951)
a variety of courses in Economics. In the early 2000s, together with Paul Milgrom, Roth taught the first graduate course on Market Design, which brought
Alvin_E._Roth
American mathematician and Nobel Laureate (1928–2015)
which has been found useful in other contexts. Soon after, Nash learned from Paul Garabedian, recently returned from Italy, that the then-unknown Ennio De
John_Forbes_Nash_Jr.
Academic discipline
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Quantum_game_theory
Cooperation between firms to limit competition
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Collusion
Game theory case weighing own/others' sacrifice
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Volunteer's_dilemma
Holmström (2016), Richard Thaler (2017), Paul Romer and William Nordhaus (2018), Robert B. Wilson and Paul Milgrom (2020), Joshua Angrist and David Card
List of Clarivate Citation laureates in Economic Sciences
List_of_Clarivate_Citation_laureates_in_Economic_Sciences
Situation where all parties are worse off
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
No-win_situation
Political model of international conflict resolution
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Two-level_game_theory
Game theory scenario
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Win–win_game
Simple mathematical game
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Pirate_game
Process of offering goods or services up for bids
auctions is considered to be a part of Auction theory. The economists Paul Milgrom and Robert B. Wilson were awarded the 2020 Nobel Prize for the introduction
Auction
Israeli psychologist (1937–1996)
with many leading researchers including Thomas Gilovich, Itamar Simonson, Paul Slovic and Richard Thaler. A Review of General Psychology survey, published
Amos_Tversky
Israeli-American mathematician (born 1930)
Thaler 2018: William Nordhaus / Paul Romer 2019: Abhijit Banerjee / Esther Duflo / Michael Kremer 2020: Paul Milgrom / Robert B. Wilson 2021: David Card
Robert_Aumann
Auction priced by second-highest sealed bid
Combinatorial Auctions, MIT Press, 2006, Chapter 1. ISBN 0-262-03342-9. Paul Milgrom, Putting Auction Theory to Work, Cambridge University Press, 2004. Teck
Vickrey_auction
American economist and statistician (1912–2006)
magazine a Gerald Loeb Special Award in 1968. From 1968 to 1978, he and Paul Samuelson participated in the Economics Cassette Series, a biweekly subscription
Milton_Friedman
Type of perfect Bayesian equilibrium
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Separating_equilibrium
Dynamical system
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Replicator_equation
Hand game for two or more players
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Chopsticks_(hand_game)
Solution concept in game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Evolutionarily stable strategy
Evolutionarily_stable_strategy
Notion in combinatorial game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Game_complexity
American economist and academic
In the area of telecommunications, together with Larry Ausubel and Paul Milgrom, he invented the combinatorial clock auction. This combinatorial auction
Peter_Cramton
Indian economist and Nobel laureate (born 1933)
Massachusetts Institute of Technology in the United States, where he got to know Paul Samuelson, Robert Solow, Franco Modigliani, and Norbert Wiener. He was also
Amartya_Sen
Modelling evolution using differential equations
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Evolutionary_dynamics
Tendency to overestimate in auctions
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Winner's_curse
Branch of game theory about two-player sequential games with perfect information
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Combinatorial_game_theory
Field in social science
Dooley, Johan Galtung, Robert L. Holmes, Michael Howard, Vivienne Jabri, John-Paul Lederach, Roger Mac Ginty, Pamina Firchow, Hugh Miall, David Mitrany, Oliver
Peace_and_conflict_studies
American economist (born 1950)
Stanford Business School colleague Robert B. Wilson. With colleagues Paul Milgrom and Robert B. Wilson, he was awarded the 2018 John J. Carty Award for
David_M._Kreps
Game theory concept
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Subgame_perfect_equilibrium
Game that repeats a base game
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Repeated_game
Complete plan on how a game player will behave in every possible game situation
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Strategy_(game_theory)
American academic
complementary role of organizational capital and other intangibles. Along with Paul Milgrom, he wrote the lead article ("Complementarities in Organizations") in
Erik_Brynjolfsson
film, Don't Call Me Father. in 2012. One of producers for the film was Paul Milgrom, who won Nobel Prize in Economics in 2020. In 2015 he began to work on
Atsushi_Sakahara
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Glossary_of_game_theory
Simple game studied in game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Matching_pennies
Simultaneous game found in game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Coordination_game
Term in game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Move_by_nature
Diplomatic policy of concessions
to the time. His view has been shared by other historians. For example, Paul Kennedy, who says of the choices facing politicians at the time, "Each course
Appeasement
Student union at the London School of Economics
Amartya Sen, Oliver Hart, Eric Maskin, Peter Diamond, Roger Myerson, Paul Milgröm and Joshua Angrist in 2021. It has also attracted high-profile economists
LSE_Students'_Union
Game in economic experiments
2008-01-26.{{cite journal}}: CS1 maint: multiple names: authors list (link) Zak, Paul J.; Stanton, Angela A.; Ahmadi, Sheila (2007-11-07). "Oxytocin Increases
Ultimatum_game
Operational analysis derived from game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Confrontation_analysis
Class of games where players choose their actions sequentially
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Sequential_game
Theorem in game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Aumann's_agreement_theorem
American economist (born 1953)
National Economists Club, Washington, D.C. November 21, 2002". Krugman, Paul R. (2009). The Return of Depression Economics and the Crisis of 2008. Norton
Ben_Bernanke
Game theory solution
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Correlated_equilibrium
American computer scientist and mathematician
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Jennifer_Tour_Chayes
Type of stable matching problem
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Stable_roommates_problem
Variation of minimax game tree search
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Negamax
Principle in economics and game theory
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Revelation_principle
American legal academic (born 1954)
integrity, and ethics." Economists and Nobel laureates Alvin Roth and Paul Milgrom wrote that the article "reminded [them] of Holocaust denial." In May
J._Mark_Ramseyer
American economist (1950–2014)
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Suzanne_Scotchmer
Game theory model of aggression
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
War_of_attrition_(game)
Paradox of combining strategies
1073/pnas.1806485115. ISSN 0027-8424. PMC 6003326. PMID 29752380. Nelson, Paul; Masel, Joanna (2018-05-11). "Reply to Cheong et al.: Unicellular survival
Parrondo's_paradox
Preference of known risks to unknown risks
Shubik Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Aumann Robert Axelrod Robert B. Wilson
Ambiguity_aversion
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