Prof. Steven R. Williams

Department of Economics

University of Illinois

swillia3@illinois.edu

This morning I took out a comma and this afternoon I put it back in again.

--Oscar Wilde

Inspiration is for amateurs. The rest of us just show up and get to work.

--Chuck Close

Office Hours: By Appt.

Links:

• C.V.

• The Asymptotics of Price and Strategy in the Buyer’s Bid Double Auction, by Mark A. Satterthwaite, Steven R. Williams, and Konstantinos E. Zachariadis

· Price Discovery Using a Double Auction, by Mark A. Satterthwaite, Steven R. Williams, and Konstantinos E. Zachariadis

• Optimality versus Practicality in Market Design: A Comparison of Two Double Auctions, by Mark A. Satterthwaite, Steven R. Williams, and Konstantinos E. Zachariadis

• Auctions with a Profit Sharing Contract, by Vineet Abhishek, Bruce Hajek, and Steven R. Williams

• On Bidding with Securities: Risk Aversion and Positive Dependence, by Vineet Abhishek, Bruce Hajek, and Steven R. Williams

• Communication in Mechanism Design: A Differentiable Approach

Classes: Economics 533

Economics 557

Coordinates:

· Office: 30 David Kinley Hall

· Phone: (217) 333-4516

· Mailing Address: Department of Economics, University of Illinois, 214 David Kinley Hall, 1407 W. Gregory Drive, Urbana, IL 61801-3606

· Fax: (217) 244-6678