Winning bid: how auction theory took the Nobel memorial prize in economics
Published
Paul Milgrom and Robert Wilson’s work transformed the way that countries allocate scarce resources in the public interest
Full ArticlePublished
Paul Milgrom and Robert Wilson’s work transformed the way that countries allocate scarce resources in the public interest
Full ArticlePaul Milgrom and Robert Wilson developed new types of auctions for sale of goods and services
Americans Paul R Milgrom and Robert B Wilson have won the Nobel Prize in economics for “improvements to auction theory and..