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Nobelpreis für Robert Wilson und Paul Milgrom: Zwei Ökonomen, die echte Märkte schufen
[Nobel Prize for Robert Wilson and Paul Milgrom: Two Economists who Created Real Markets]

Author

Listed:
  • Justus Haucap

    (Heinrich-Heine-Universität Düsseldorf)

Abstract

Zusammenfassung Robert Wilson und Paul Milgrom erhielten am 10. Dezember 2020 den Preis der Schwedischen Nationalbank für Wirtschaftswissenschaften zu Ehren von Alfred Nobel. Die Ökonomen erhielten den Preis für ihre Beiträge zur Auktionstheorie und für die Entwicklung neuer Auktionsformate.

Suggested Citation

  • Justus Haucap, 2020. "Nobelpreis für Robert Wilson und Paul Milgrom: Zwei Ökonomen, die echte Märkte schufen [Nobel Prize for Robert Wilson and Paul Milgrom: Two Economists who Created Real Markets]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(12), pages 969-975, December.
    • Handle: RePEc:spr:wirtsc:v:100:y:2020:i:12:d:10.1007_s10273-020-2806-0
    DOI: 10.1007/s10273-020-2806-0
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    References listed on IDEAS

    as
    1. Paul R. Milgrom & Douglass C. North & Barry R. Weingast*, 1990. "The Role Of Institutions In The Revival Of Trade: The Law Merchant, Private Judges, And The Champagne Fairs," Economics and Politics, Wiley Blackwell, vol. 2(1), pages 1-23, March.
    2. Peter Cramton, 2013. "Spectrum Auction Design," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 42(2), pages 161-190, March.
    3. Böckers, Veit & Hardorp, Lilian & Haucap, Justus & Heimeshoff, Ulrich & Gösser, Niklas & Thorwarth, Susanne, 2016. "Wettbewerb in der Restmüllerfassung: Eine empirische Analyse der Anbieterstruktur," DICE Ordnungspolitische Perspektiven 85, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    4. Robert Wilson, 2008. "Supply Function Equilibrium in a Constrained Transmission System," Operations Research, INFORMS, vol. 56(2), pages 369-382, April.
    5. Ilan Kremer & Kjell G. Nyborg, 2004. "Divisible-Good Auctions: The Role of Allocation Rules," RAND Journal of Economics, The RAND Corporation, vol. 35(1), pages 147-159, Spring.
    6. Haucap, Justus, 2017. "The rule of law and the emergence of market exchange: A new institutional economic perspective," DICE Discussion Papers 276, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    7. Cramton Peter & Schwartz Jesse A, 2002. "Collusive Bidding in the FCC Spectrum Auctions," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 1(1), pages 1-20, December.
    8. Paul Klemperer, 2004. "Auctions: Theory and Practice," Online economics textbooks, SUNY-Oswego, Department of Economics, number auction1.
    9. Haeringer, Guillaume, 2018. "Market Design: Auctions and Matching," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262037548, April.
    10. Moldovanu, Benedict, 1996. "William Vickrey und die Auktionstheorie: Anmerkungen zum Nobelpreis 1996," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1949 - 2007), ZBW - Leibniz Information Centre for Economics, vol. 76(12), pages 651-656.
    11. Milgrom, Paul & Roberts, John, 1982. "Predation, reputation, and entry deterrence," Journal of Economic Theory, Elsevier, vol. 27(2), pages 280-312, August.
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    13. Robert Wilson, 1977. "A Bidding Model of Perfect Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 511-518.
    14. Paul Milgrom & Ilya Segal, 2002. "Envelope Theorems for Arbitrary Choice Sets," Econometrica, Econometric Society, vol. 70(2), pages 583-601, March.
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    17. Peter Cramton & Axel Ockenfels, 2012. "Economics and Design of Capacity Markets for the Power Sector," Papers of Peter Cramton 12cocap, University of Maryland, Department of Economics - Peter Cramton, revised 2012.
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    More about this item

    JEL classification:

    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

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