Tag Archives: auction formats

The Nobel Prize in Economics goes to Paul R. Milgrom, Robert B. Wilson for their work on auction theory

This year’s economics honorees, Paul Milgrom and Robert Wilson, have improved auction theory and invented new auction formats, benefiting sellers, buyers and taxpayers around the world, ”said the academy. The 2020 Sveriges Riksbank Prize in Economics in Memory of Alfred Nobel has been awarded to Paul R. Milgrom and Robert …

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