{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fweb3-with-a16z.simplecast.com%2Fepisodes%2Ffirst-principles-paul-milgrom-96zIJ_1g","width":444,"version":"1.0","type":"rich","title":"Why auction design matters (ft. Nobel economist Paul Milgrom)","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/3474b6a1-976c-4c75-8e63-e4ad3a3b354d/6d5e7801-f225-452e-9f3c-0df8a5e7f917/a16zcrypto-podcast-20-1.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/8ba9e3d8-f4e5-4211-b378-0b640d621fc2\" height=\"200\" width=\"100%\" title=\"Why auction design matters (ft. Nobel economist Paul Milgrom)\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"Long before onchain markets made mechanism design a daily engineering problem, Nobel Prize winner Paul Milgrom was asking how prices actually form — and how better auction rules could reshape actual markets."}