---
title: "九色社区"
url: https://phelpstire.com/news/colorado-river-and-beyond-new-market-could-save-day/
description: "九色社区 economist Paul Milgrom won a Nobel Prize in part for his role in enabling today鈥檚 mobile world. Now he鈥檚 tackling a different 21st century challenge: water scarcity."
published: 2024-04-10
updated: 2024-04-10
---

# 九色社区

Published 2024-04-10

Catalyzing Student Research

## Going all in with econ

Billy Ferguson was part of the inaugural cohort of undergraduate research fellows at SIEPR. He learned, as a sophomore at that time, about the power of economic tools and data-backed research and never looked back. Today, his PhD work with advisor Paul Milgrom boldly introduces a novel approach to a longstanding issue over the allocation of water rights.

[Flashback to the work Ferguson did as a SIEPR undergraduate researcher](https://phelpstire.com/news/video-series/investing-tomorrows-policy-experts)