Finance Conference - Nobel Laureate

Prof. Robert Wilson is an American economist and the Adams Distinguished Professor of Management, Emeritus at Stanford University. He was jointly awarded the 2020 Nobel Memorial Prize in Economic Sciences, together with his Stanford colleague and former student Paul R. Milgrom, "for improvements to auction theory and inventions of new auction formats". Two more of his students, Alvin E. Roth and Bengt Holmström, are also Nobel Laureates in their own right.

Wilson is known for his contributions to management science and business economics. His doctoral thesis introduced sequential quadratic programming, which became a leading iterative method for nonlinear programming.

With other mathematical economists at the Stanford Business School, he helped to reformulate the economics of industrial organization and organization theory using non-cooperative game theory.

His research on nonlinear pricing has influenced policies for large firms, particularly in the energy industry, especially electricity.