The Market Design Community and the Broadcast Incentive Auction: Fact-Checking Glen Weyl’s and Stefano Feltri’s False Claims

[Editor's Note: This is a guest post from Professor Paul Milgrom, the co-founder and Chairman of Auctionomics, is the Shirley and Leonard Ely Professor of Economics at Stanford University. According to his 2020 Distinguished Fellow citation from the American Economic Association, Milgrom “is the world’s leading auction designer, having helped design many of the auctions for …

Report on Media Regulation

Following a comprehensive report on market structure and antitrust, the Committee for the Study of Digital Platforms (at the Stigler Center at the University of Chicago) has released a report that I was a co-author on, on the media and regulatory options to enhance citizen welfare. Our main policy recommendations are: Introducing some public funding …