Paul Milgrom today was welcomed as the new chair of the economics section of the National Academy of Sciences. The Academy was created by President Abraham Lincoln to advise the United States on scientific matters. At its annual meeting, which ended yesterday, Paul was also a co-recipient of the Academy's Carty award for distinguished scientific research.
The $20 billion incentive auction was a complicated beast, and its auction design and implementation have rightly been celebrated, but they were just part of the successful spectrum reallocation process. The operations research and analytical pieces were crucial as well, and the key people included an internal team at the FCC as well as researchers from Auctionomics. This week, INFORMS - the leading international association for operations research and analytics - announced that it has awarded the 2018 Franz Edelman prize to the FCC for its use of OR as part of this project. I offer my congratulations to the whole team for this fantastic honor!
The National Academy of Sciences announced its annual awards today, and Paul Milgrom was a winner of its Carty Award for the Advancement of Science, as shown here. The award is given every two years to a scholar in any field represented in the Academy. Paul will receive the prize in a ceremony at the National Academy meeting in Washington, DC on April 28.