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MDI Principals
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[ Athey ] [ Ausubel ] [ Bulow ] [ Cramton ] [ Maskin ] [ McAfee ] [ Milgrom ] [ Perry ] [ Vincent ] [ Wilson ]
R. Preston McAfee
Director
Preston McAfee is J. Stanley Johnson Professor of Business, Economics &
Management, California Institute of Technology, and Director of Market Design Inc. Together with Robert
Wilson and Paul Milgrom, Professor McAfee designed the mechanism used by the FCC
for its spectrum auctions. He has also served on the auction design project team
for new FCC spectrum auctions and for spectrum auctions in Mexico, Canada, and
New Zealand, and has advised bidders in other auctions. McAfee led the MDI team
which created the first free market in microwave transmissions, in Mexico. More
recently, he has given advice to Lockheed-Martin, and served as the FTC’s
economic expert for the Exxon-Mobil and BP-Arco mergers. Professor McAfee has
published widely on auctions, pricing and antitrust. He has also taught at
the University of Texas, University of Chicago, MIT, University of Western Ontario, and Purdue University. Professor McAfee received his
B.A. in Economics from the University of Florida, M.S. in Mathematics from
Purdue University, and M.S. and Ph.D. in Economics from Purdue University.