1. Randolph Preston McAfee was born on July 7,1956 and is an American economist and distinguished scientist at Google.
21 Facts About Preston McAfee
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Preston McAfee has taught business strategy, managerial economics, and introductory microeconomics.
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Preston McAfee earned MS degrees in both economics and mathematics, and a PhD in economics, from Purdue University.
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Preston McAfee was a professor of economics at the University of Western Ontario from 1981 to 1990, at the University of Texas from 1990 to 2003, and at Caltech from 2003 to 2009.
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Preston McAfee has been a visiting professor at the Department of Economics at MIT and the business school at the University of Chicago.
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Preston McAfee has published over one hundred scholarly articles that have collectively been cited thousands of times.
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Preston McAfee's research has concentrated on microeconomics and industrial organization, on topics including auctions, bundling, price discrimination, antitrust, contracting, and mechanism design.
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In 2014, Preston McAfee won a Golden Goose Award for his work involving auction design.
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Preston McAfee is particularly well known for the McAfee mechanism for double auction.
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Preston McAfee is an advocate for open access to scholarly writing and educational materials.
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Preston McAfee has published an open access online economics textbook, Introduction to Economic Analysis.
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Preston McAfee was recognized as a SPARC Innovator by the Association of Research Libraries.
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Preston McAfee is founding co-editor of the ACM journal Transactions of Economics and Computation, emphasizing research at the boundary between computer science and economics.
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Preston McAfee served as co-editor of the American Economic Review from 1993 to 2002, and he is a Fellow of the Econometric Society.
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Preston McAfee started a humor section in Economic Inquiry during his tenure as editor.
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Preston McAfee is the author of a textbook on business strategy, Competitive Solutions: The Strategist's Toolkit, with insights for managers based on microeconomic foundations.
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Preston McAfee has served as a consultant to the US Department of Justice Antitrust Division and the US Federal Trade Commission.
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Preston McAfee has advised on matters concerning mergers, collusion, price-fixing, electricity pricing, bidding, procurement, sales of government property.
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In 1994 to 1995, Preston McAfee extensively advised the USA Federal Communications Commission on the design of auctions for spectrum to be used for personal communications services.
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Preston McAfee advised the FTC on the mergers of Exxon and Mobil, and of British Petroleum and ARCO.
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Preston McAfee was an expert witness in FTC v Rambus, and on the competitive effects of the proposed PeopleSoft-Oracle merger in USA v Oracle Corporation.