Latest news

Paul wins CME-MSRI Prize

October 30, 2017

Paul has been selected as the 2017 of the prize in Innovative Quantitative Applications awarded jointly by the Chicago Mercantile Exchange and the Mathematic Sciences Research Institute. The award ceremony will take place on Feb 12, 2018, at the Merc in Chicago. According to the awarding organizations, "The CME Group-MSRI Prize is awarded to an individual or a group to recognize originality and innovation in the use of mathematical, statistical or computational methods for the study of the behavior of markets, and more broadly of economics." 

The 10-person prize committee included five economics Nobel laureates, and further luster is added by the list of former awardees. The announcement and additional details can be found here

 

Graduate Teaching Award

June 9, 2017

Paul has been awared the 2016-17 Dean's Award for Distinguished Teaching in the area of Excellence in Graduate Education. A key factor in this award is the success of Paul's graduate students, several of whom wrote letters to support this award. 

Incentive Auction Closes

April 13, 2017

The FCC announced the official close of the Incentive Auction today. Paul had led the design team that created the rules for this auction. Auctionomics, of which Paul is chairman, supplied some of the software used in the auction. 

As the FCC explained:

"Bidding in the auction closed on March 30, 2017, repurposing 84 megahertz of spectrum – 70 megahertz for licensed use and another 14 megahertz for wireless microphones and unlicensed use. The auction yielded $19.8 billion in revenue, including $10.05 billion for winning broadcast bidders and more than $7 billion to be deposited to the U.S. Treasury for deficit reduction."

FCC Incentive Auction Fact Sheet

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