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Paul R. Milgrom and Robert B. Wilson were honored “for improvements to auction theory and inventions of new auction formats," Secretary General Göran Hansson of the Royal Swedish Academy of ...
"This year's Laureates, Paul Milgrom and Robert Wilson, have studied how auctions work. They have also used their insights to design new auction formats for goods and services that are difficult to sell in a traditional way, such as radio frequencies. Their discoveries have benefitted sellers, buyers and taxpayers around the world." [5]
Paul Robert Milgrom (born April 20, 1948) is an American economist. ... Milgrom, together with Robert Wilson, Preston McAfee, and John McMillan, played a role in ...
Robert Butler "Bob" Wilson, Jr. (born May 16, 1937) is an American economist who is the Adams Distinguished Professor of Management, Emeritus at Stanford University.He was jointly awarded the 2020 Nobel Memorial Prize in Economic Sciences, together with his Stanford colleague and former student Paul R. Milgrom, [2] "for improvements to auction theory and inventions of new auction formats".
“Paul, it’s Bob Wilson. You’ve won the Nobel Prize.” This is how Paul Milgrom discovered in the middle of the night on October 12 that he’d won the Nobel Prize in Economic Sciences ...
The Nobel Committee was unable to contact Stanford professor Paul Milgrom, so his neighbor and fellow winner showed up at his door with the news. Doorbell camera captures moment Nobel Prize winner ...
Two Stanford University professors, Paul Milgrom and Robert Wilson, won the 2020 Nobel Memorial Prize in Economic Sciences for advancing auction theory by inventing several new auction formats, including the simultaneous multiple-round auction (SMRA), which combines the benefit of both the English (open-outcry), and sealed-bid, auctions. SMRAs ...
Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to serve a second term, including reheated ...