John McMillan (economist)
Encyclopedia
John McMillan was the Jonathan B. Lovelace professor of economics in Stanford University
's Graduate School of Business, and one of the world's leading economic theorists and applied microeconomists. His career was initially marked by important contributions to auction theory and mechanism design. In the 1980s, he worked on the use of incentives in state owned enterprises in China and policies for emerging economies. His recent work has examined entrepreneurship in those economies, as well as the institutional structure for economic development.
Born in Christchurch
, New Zealand
, John McMillan's undergraduate education was in mathematics and economics at the University of Canterbury
. He completed his PhD in economics at the University of New South Wales
before moving to the University of Western Ontario, Canada
. From 1987 to 1999, he was a Professor at the University of California
, San Diego, before moving to Stanford University. McMillan died on the 13 March 2007, of complications arising from cancer, at age 56.
From his Stanford bio:
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...
's Graduate School of Business, and one of the world's leading economic theorists and applied microeconomists. His career was initially marked by important contributions to auction theory and mechanism design. In the 1980s, he worked on the use of incentives in state owned enterprises in China and policies for emerging economies. His recent work has examined entrepreneurship in those economies, as well as the institutional structure for economic development.
Born in Christchurch
Christchurch
Christchurch is the largest city in the South Island of New Zealand, and the country's second-largest urban area after Auckland. It lies one third of the way down the South Island's east coast, just north of Banks Peninsula which itself, since 2006, lies within the formal limits of...
, New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
, John McMillan's undergraduate education was in mathematics and economics at the University of Canterbury
University of Canterbury
The University of Canterbury , New Zealand's second-oldest university, operates its main campus in the suburb of Ilam in the city of Christchurch, New Zealand...
. He completed his PhD in economics at the University of New South Wales
University of New South Wales
The University of New South Wales , is a research-focused university based in Kensington, a suburb in Sydney, New South Wales, Australia...
before moving to the University of Western Ontario, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
. From 1987 to 1999, he was a Professor at the University of California
University of California
The University of California is a public university system in the U.S. state of California. Under the California Master Plan for Higher Education, the University of California is a part of the state's three-tier public higher education system, which also includes the California State University...
, San Diego, before moving to Stanford University. McMillan died on the 13 March 2007, of complications arising from cancer, at age 56.
From his Stanford bio:
A New Zealander, McMillan was the editor of the Journal of Economic Literature from 1998 to 2004. He is co-director of the Stanford Graduate School of Business Center for Global Business and the Economy. He was awarded the Harry Johnson Prize by the Canadian Economic Association; is a Fellow of the Econometric Society; and is a Distinguished Fellow of the New Zealand Association of Economists. His Reinventing the Bazaar was a New York Times Notable Book. He is a co-founder and principal of the consulting firm Market Design Inc. He has advised various firms and governments on deregulation, contracting, and market structure. He helped the U.S. Federal Communications Commission design the mechanism for selling spectrum licenses (which the New York Times called “the greatest auction in history”).
Books
- Reinventing the Bazaar: A Natural History of Markets, New York, W. W. Norton, 2002.
- Reforming Asian Socialism: The Growth of Market Institutions, Ann Arbor: University of Michigan Press, 1996 (editor, with Barry Naughton)
- Games, Strategies, and Managers, New York and Oxford: Oxford University Press, 1992.
- Incentives in Government Contracting, Toronto: University of Toronto Press, 1988 (with R. Preston McAfeePreston McAfeePreston McAfee is a Vice President and Research Fellow at Yahoo! Research where he leads the Microeconomics and Social Systems group. Prior to Yahoo!, he was the J. Stanley Johnson Professor of Business, Economics, and Management at the California Institute of Technology, where he was the...
) - Game Theory in International Economics, New York: Harwood, 1986.