Nobel prize laureate visited SBS

Paul Milgrom, professor at Stanford, gave a keynote speech at the Summer School in Market Microstructure that was hosted by Stockholm Business School in July 2024. The course attracted more than 60 PhD students and practitioners from all over the world.

What is going on under the hood when you buy shares at the stock exchange? That is a question that most investors have never thought about, but one that is central in the field of market microstructure. Stockholm Business School is home to several researchers in that field, and we recently hosted the Summer School in Market Microstructure. This doctoral course, which attracted more than 60 participants from all over the world, is taught by Prof. Thierry Foucault (HEC Paris) and Prof. Albert J. Menkveld (VU Amsterdam).

Nobel Prize laureate Paul Milgrom delivers his keynote speech. Photo: Maria Stoetzer

The highlight of the one-week course was a keynote speech by Prof. Paul Milgrom, the 2020 recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (joint with Robert Wilson). Prof. Milgrom is a world-leading expert in auction theory, with seminal contributions to the understanding of trading costs in financial markets. In his keynote, Milgrom shared the history of his work in market microstructure, as well as his view on current developments in the field.

Thierry Foucault (HEC Paris), Paul Milgrom (Stanford), Albert Menkveld (VU Amsterdam), and Björn Hagströmer (SBS). Photo: Maria Stoetzer

This was the third time that the course is hosted by Stockholm Business School.

More information about the summer school in market microstructure is available here.

Theme

Economy and Society

Research subject

Finance

Last updated: August 26, 2024

Source: SBS

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