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October 13, 2020

Nobel Prize in Economic Sciences Awarded to U.S. Researchers for Auction Theory
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The Nobel Prize in Economic Sciences has been awarded to U.S. economists
Paul Milgrom and Robert Wilson for their work on auction theory, which
has been used "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 benefited sellers, buyers and taxpayers around
the world."


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