# Mathematician:Paul Robert Milgrom

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## Mathematician

American economist who is also an expert in game theory, specifically auction theory and pricing strategies.

Co-creator of the No-Trade Theorem with Nancy Stokey.

## Nationality

American

## History

- Born: April 20, 1948 in Detroit, Michigan

## Theorems and Definitions

- No-Trade Theorem (with Nancy Stokey)

## Publications

- 1982:
*Rational Cooperation in the Finitely-Repeated Prisoners' Dilemma*(*J. Econ. Theory***Vol. 27**: 245 – 252) (with David M. Kreps, John Roberts and Robert B. Wilson)