He emphasized that , for example , the mathematics of conditional expectation was essential to understanding applied informational questions like the winner 's curse .
Milgrom was influential in developing a deeper appreciation of how the mathematics of probability can be applied to economic theory .
Milgrom emphasized that , for example , the mathematics of conditional expectation was essential to understanding applied informational questions like the winner 's curse .
Milgrom was influential in developing a deeper appreciation of how the mathematics of probability can be applied to economic theory .