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Robert Wilson

Director

  Graduate School of Business
Stanford University
650.723.8620  fax 650.725.7979
rwilson@stanford.edu

Home page at the Stanford Graduate School of Business.

Robert Wilson is Professor of Economics and Atholl McBean Chair in Economics at the Graduate School of Business, Stanford University, and a Director of MDI. Professor Wilson has written many widely cited articles on game theory and auctions, including both bidding strategy and auction design. Most recently, for the California Trust, he developed a revised auction mechanism to be used in the Western Power Exchange (WEPEX). For 15 years, Professor Wilson has conducted a continuing series of studies for the Electric Power Research Institute (EPRI) on the economics of the electric power industry. This work focuses on capacity planning and valuation, pricing of power differentiated by quality attributes such as reliability and timing, design of power and emissions-allowance auctions, and design of market mechanisms to limit the environmental effects of power production. His book Nonlinear Pricing (Oxford Press, 1993) was commissioned by EPRI. Together with Paul Milgrom and Preston McAfee, Professor Wilson designed the mechanism used by the FCC for its spectrum auctions. He has advised the US government and various industries and firms on auction design, and consulted to PacTel in the MTA broadband auction. Professor Wilson has undergraduate and graduate degrees from Harvard University and honorary degrees from the Norwegian School of Economics and the University of Chicago.

 

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