About me
Peter Cramton is an Emeritus Professor of Economics at the University of Maryland and an International Research Fellow at the Max Planck Institute for Research on Collective Goods. Since 1983, he has researched auction theory and practice. The focus is the design of auctions for many related items. Applications include auctions for radio spectrum, electricity, and financial securities. He has introduced innovative market designs in many industries. He has advised numerous governments and businesses on market design and auction strategy.
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