On March 15, 2011, I delivered the tenth Berglas Public Lecture at the School of Economics of Tel Aviv University. Eitan Berglas founded the Department of Economics in Tel Aviv in 1966. Professor Berglas served as economic adviser to the Israeli government and as chairman of Bank Hapoalim. His published research was in the field of public economics and club theory.
A video of my public lecture is available at the TAU website and on YouTube. The lecture demonstrated how an understanding of bidder budget constraints can be part of devising effective bidding strategy for radio spectrum auctions, showed how the strategic insights from that analysis can theoretically be incorporated to create more effective auction designs, and demonstrated a web-based auction that takes advantage of this lesson.
Hongbin Cai has been named dean of the Guanghua School of Management at Peking University. Professor Cai’s research has included both theoretical and applied work covering political economy, bargaining theory, game theory, and Chinese economic development. He completed his Stanford doctoral thesis under my supervision in 1997.