Robert Wilson, Nobel Laureate

Here is his home page.  He has been at Stanford Business School since 1964, and born in Geneva, Nebraska.  Here is his personal website.  Here is his Wikipedia page.

I’ll be updating this entry over the next few hours…

Wilson also has a famous paper with Kreps, Milgrom, and Roberts, so I think Kreps has been passed over.  They show how a multi-period prisoner’s dilemma might sustain cooperating rather than “Finking” if there is asymmetric information about types and behavior.  This paper increased estimates of the stability of tit-for-tat strategies, if only because with uncertainty you might end up in a highly rewarding loop of ongoing cooperation.  This combination of authors is referred to as the “Gang of Four,” given their common interests at the time and some common ties to Stanford.  You will note it is really Milgrom (and co-authors) who put Stanford economics on the map, following on the Kenneth Arrow era (when Stanford was not quite yet a truly top department).

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