If designed correctly, auctions can distribute resources fairly, according to Stanford economists Robert Wilson and Paul Milgrom. The pair were awarded the 2020 Nobel Memorial Prize in Economic Sciences for their improvements to auction theory and inventions of new auction formats.
From addressing how to vote safely during a pandemic to tackling disinformation and misinformation on social media, Stanford scholars examine the issues and uncertainties facing American voters as they cast their ballot in November’s general election.
Initiatives that arose out of the university’s Long-Range Vision have been making progress toward the goal of accelerating Stanford's impact in the world. That includes launching new programs to address urgent challenges and expanding our excellence in research and education.