Stanford Institute for Economic Policy Research (SIEPR)
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Shirley R. and Leonard W. Ely, Jr. Professor of Humanities and Sciences, Senior Fellow at SIEPR and Professor, by courtesy, of Economics at the Graduate School of Business and of Management Science and Engineering
BioPaul Milgrom is the Shirley and Leonard Ely professor of Humanities and Sciences in the Department of Economics at Stanford University and professor, by courtesy, in the Stanford Graduate School of Business and in the Department of Management Sciences and Engineering. Born in Detroit, Michigan on April 20, 1948, he is a member of both the National Academy of Sciences and the American Academy of Arts and Sciences and a winner of the 2008 Nemmers Prize in Economics, the 2012 BBVA Frontiers of Knowledge award, the 2017 CME-MSRI prize for Innovative Quantitative Applications, and the 2018 Carty Award for the Advancement of Science.
Milgrom is known for his work on innovative resource allocation methods, particularly in radio spectrum. He is coinventor of the simultaneous multiple round auction and the combinatorial clock auction. He also led the design team for the FCC's 2017 incentive auction, which reallocated spectrum from television broadcast to mobile broadband.
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.” As counted by Google Scholar, Milgrom’s books and articles have received more than 80,000 citations.
Finally, Milgrom has been a successful adviser of graduate students, winning the 2017 H&S Dean's award for Excellence in Graduate Education.
Professor of Economics and Senior Fellow at the Stanford Institute for Economic Policy Research
BioLuigi Pistaferri is a Professor of Economics at Stanford University, a research fellow of NBER, CEPR and IZA, the "Ralph Landau" Senior Fellow at SIEPR, and one of the co-editors of the American Economic Review. His papers are on the intersection between labor economics and macroeconomics. Pistaferri holds a PhD in Economics from University College, London, and a Doctorate in Economic Sciences from IUN in Naples (Italy), where he was born in 1968. Pistaferri joined Stanford University in 1999 after finishing his PhD and has been a member of the faculty ever since, with the exception of one year sabbatical spent at EIEF in Rome.
Professor of Poverty and Inequality in Education and Senior Fellow at the Stanford Institute for Economic Policy Research
Current Research and Scholarly InterestsThe causes and patterns of racial/ethnic and socioeconomic achievement disparities;
The effects of school integration policies on segregation patterns and educational outcomes;
Income inequality and its educational and social consequences.
Professor of Political Science, Senior Fellow at the Hoover Institution and at the Stanford Institute for Economic Policy Research
BioJonathan Rodden is a professor in the political science department at Stanford who works on the comparative political economy of institutions. He has written several articles and three books on federalism and fiscal decentralization. One of those books, "Hamilton’s Paradox: The Promise and Peril of Fiscal Federalism," was the recipient of the Gregory Luebbert Prize for the best book in comparative politics in 2007. He works with institutions including the World Bank, International Monetary Fund, USAID, and the European Parliament on issues related to fiscal decentralization and federalism.
He has also written papers on the geographic distribution of political preferences within countries, legislative bargaining, the distribution of budgetary transfers across regions, and the historical origins of political institutions. He has written a series of papers applying tools from mathematics and computer science to questions about redistricting, culminating in a 2019 book called "Why Cities Lose: The Deep Roots of the Urban-Rural Political Divide" (Basic Books). Rodden has also embarked on an inter-disciplinary collaborative project focused on handgun acquisition.
Rodden received his PhD from Yale University and his BA from the University of Michigan, and was a Fulbright student at the University of Leipzig, Germany. Before joining the Stanford faculty in 2007, he was the Ford Associate Professor of Political Science at the Massachusetts Institute of Technology.
Director of the Spatial Social Science Lab at Stanford