Founded in 1995, Market Design Inc. offers consulting
services in the design of auction markets. Our principals are academic experts in
auction theory and practice. We have advised governments and firms worldwide on
the design of
electronic markets for telecommunications, electricity,
business-to-business e-commerce, mineral rights, and
assets. With our partners, we provide software and
other support to implement our market designs. MDI has offices in
Washington, DC, Palo Alto, CA, Austin, TX, and Jerusalem, Israel.
Congratulations to Paul Milgrom on winning the
Nemmers Prize in Economics, 2008.
Congratulations to Eric Maskin on winning the
in Economics, 2007.
Congratulations to Susan Athey on winning the
John Bates Clark award, 2007.
Congratulations to Peter Cramton on the publication of his
Combinatorial Auctions, MIT Press, 2006.
Congratulations to Paul Milgrom on the publication of his
Putting Auction Theory to Work, Cambridge University Press, 2004.
To learn more about our principals,
our research and consulting activities, and electronic markets in general, use the
navigation buttons at the top of this page.
Keywords: market design, auction design, auction
strategy, bidding strategy, spectrum auctions, electricity auctions, exchange,
markets, auction theory, game theory, economic theory, ascending auctions,
simultaneous ascending auctions, efficient auctions, efficiency, package
bidding, combinatorial bidding, initial public offerings, PCS, FCC, UMTS,
telecommunications, strategic behavior, e-commerce, business-to-business
e-commerce, B2B e-commerce, deregulation, restructuring, divestiture,
privatization, economic research, independent system operator, power exchange,
ISO, PX, Ausubel, Bulow, Cramton, McAfee, McMillan, Milgrom, Vincent, Wilson,
Vickrey, Maryland, Stanford, Texas
description: Market Design Inc. Consulting on market design, spectrum auctions,
electricity auctions, Internet auctions, bidding strategy. By Ausubel, Bulow,
Cramton, McAfee, McMillan, Milgrom, Vincent, Wilson.