"Auctioning Resource Rights"
September 26, 2014
Rob Porter’s academic career got off to a quick start. After a bachelor’s degree in math and economics from Western Ontaro, he received his Ph.D. in economics from Princeton in 1981, and was an assistant professor at Minnesota. 3 years later, he accepted a tenured associate professorship at Stony Brook, and in another 3 years, he was appointed full professor of economics at Northwestern. Northwestern promoted Porter to William R. Kenan, Jr. Professor only 12 years after his Ph.D., the post he holds today. Porter’s research, both theoretical and econometric, is primarily in Industrial Organization. Rob has been elected a Fellow of the Econometric Society (in 1989) and the American Academy of Arts and Sciences (1997), and has held official leadership positions in these organizations on 20 occasions. He has published extensively ion the very top economics journals; when well-known economists edit a book by selecting unusually important journal publications in a particular topic, Porter’s papers appear with unusual frequency.
Robert H. Porter, William R. Kenan, Jr. Professor of Economics at Northwestern University, will present “Auctioning Resource Rights” Friday, Sept. 26 at 2 pm in Bush Auditorium, Cornell Hall. Porter has contributed both theoretical modeling and new powerful statistical techniques to the study of allocating resource rights competitively, and in particular is the leading expert on auctions of rights to drill for oil.