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SEMINARIO
MARTES 08 DE AGOSTO
Paul Milgrom

"Economics and Computer Science of a Radio Spectrum Reallocation"

CELEBRACIÓN 25 AÑOS DEL CENTRO DE ECONOMÍA APLICADA, CEA  Departamento de Ingeniería Industrial, Universidad de Chile.


INSCRIPCIÓN
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PAUL MILGROM
Paul Milgrom is the Shirley and Leonard Ely professor of Humanities and Sciences in the Department of Economics at Stanford University and professor, by courtesy, at both the Department of Management Science and Engineering and the Graduate School of Business . He is a member of the National Academy of Sciences and the American Academy of Arts and Sciences , and winner of the 2008 Nemmers Prize in Economics and the 2012 BBVA Frontiers of Knowledge award .

 Milgrom is best known for his contributions to the microeconomic theory, his pioneering innovations in the practical design of multi-item auctions, and the extraordinary successes of his students and academic advisees. According to his BBVA Award citation: “Paul Milgrom has made seminal contributions to an unusually wide range of fields of economics including auctions, market design, contracts and incentives, industrial economics, economics of organizations, finance, and game theory.” According to a count by Google Scholar , Milgrom’s books and articles have received more than 79,000 citations.
"Economics and Computer Science of a Radio Spectrum Reallocation"
ABSTRACT
The recent “incentive auction” of the US Federal Communications Commission was the first auction to reallocate radio frequencies between two different kinds of uses: from broadcast television to wireless Internet access. The design challenge was not just to choose market rules to govern a fixed set of potential trades but also, to determine the broadcasters’ property rights, the goods to be exchanged, the quantities to be traded, the computational procedures, and even some of the performance objectives. An essential and unusual challenge was to make the auction simple enough for human participants while still ensuring that the computations would be tractable and capable of delivering nearly efficient outcomes.
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MARTES 08 DE AGOSTO
17:30 hrs
- AUDITORIO D'ETIGNY, BEAUCHEF 851 -
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Centro de Economía Aplicada
Departamento de Ingeniería Industrial
Universidad de Chile
www.cea-uchile.cl
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