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Robert Wilson

Professor of Economics & Nobel Prize Winner

Professor of Economics & Nobel Prize Winner

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Palo Alto, CA, USA
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Robert Wilson Biography

Robert Wilson is the Adams Distinguished Professor of Management, Emeritus, at the Stanford Business School, where he has been on the faculty since 1964. His research and teaching are on market design, pricing, negotiation, and related topics concerning industrial organization and information economics. He is an expert on game theory and its applications. In 2020, he won the Nobel Prize alongside Paul Milgrom for their work on auction theory.

Dr. Wilson has been a major contributor to auction designs and competitive bidding strategies in the oil, communication, and power industries, and to the design of innovative pricing schemes. His work on pricing of priority service for electric power has been implemented in the utility industry. His book on "Nonlinear Pricing" is an encyclopedic analysis of tariff design and related topics for public utilities, including power, communications, and transport; it won the 1995 Leo Melamed Prize, awarded biannually by the University of Chicago for “outstanding scholarship by a business professor.” His work on game theory includes wage bargaining and strikes, and in legal contexts, settlement negotiations. He has authored some of the basic studies of reputational effects in predatory pricing, price wars, and other competitive battles.

He has published approximately 100 articles in professional journals and books since completing the Bachelor, Master’s, and Doctoral degrees at Harvard College and the Harvard Business School. He has been an associate editor of several journals, and delivered several public lectures. He is an elected member of the National Academy of Sciences, and a fellow, former officer and Council member of the Econometric Society. The Norwegian School of Economics and Business Administration conferred an honorary Doctor of Economics degree in 1986, and the University of Chicago, an honorary Doctor of Laws degree in 1995.

On problems of pricing strategy, he has advised the U.S. Department of the Interior and oil companies (on bidding for offshore leases), the Electric Power Research Institute (on pricing of electric power, design of priority service systems, design of wholesale markets, funding of basic research, and risk analysis of environmental hazards and climate change), and the Xerox Palo Alto Research Center (on pricing product lines in high technology industries). With Paul Milgrom he designed for Pacific Bell the auction of spectrum licenses adopted by the FCC, and subsequently worked on the bidding strategy team, and later for other firms. He contributed to the designs of the power exchange and auctions of ancillary services in California, and he has continued to advise EPRI; the California Power Exchange; the California, New England, and Ontario System Operators; the Canadian Competition Bureau; Energy Ministries of several countries; and others involved in the design of auctions for electricity, power and gas transmission, and telecommunications in the U.S.A. and elsewhere. His designs of other auctions have been adopted by private firms. He has been an expert witness on antitrust and securities matters.

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Speaker profile last updated by AAE Talent Team on 10/18/2023.

Robert Wilson Videos

  • Paul Milgrom, Robert Wilson win Nobel economics prize
    U.S. economists Paul Milgrom and Robert Wilson won the 2020 Nobel Economics Prize for improvements to auction theory and inventions of new auction...
  • Interview with Robert Wilson, Frontiers of Knowledge Award in Economics
    The BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Management has been granted in this eighth edition to Robert B. Wilson for...

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  • What topics does Robert Wilson speak about?

    Robert Wilson is a keynote speaker and industry expert whose speaking topics include Business, College, Economy and Finance, Finance, Professors.
  • Where does Robert Wilson travel from?

    Robert Wilson generally travels from Palo Alto, CA, USA, but can be booked for private corporate events, personal appearances, keynote speeches, or other performances. For more details, please contact an AAE Booking agent.
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Robert Wilson is a keynote speaker and industry expert who speaks on a wide range of topics . The estimated speaking fee range to book Robert Wilson for your event is available upon request. Robert Wilson generally travels from Palo Alto, CA, USA and can be booked for (private) corporate events, personal appearances, keynote speeches, or other performances. Similar motivational celebrity speakers are Ryan McDevitt, Emi Nakamura, Paul Milgrom, Darrell Duffie and Jeffrey A. Frankel. Contact All American Speakers for ratings, reviews, videos and information on scheduling Robert Wilson for an upcoming live or virtual event.

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