Stockholm: American economists Paul Milgrom and Robert Wilson have been awarded the 2020 Nobel Prize in Economic Sciences for “improvements to auction theory and inventions of new auction formats”.
Nobel Prize Committee announced the winner: “The 2020 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to Paul R. Milgrom and Robert B. Wilson ‘for improvements to auction theory and inventions of new auction formats’.”
Esther Duflo and Abhijit Banerjee received the 2019 Nobel Prize in Economic Sciences. They became the fifth couple to share a prize.
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