This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Johnson, Professor, MIT Sloan Improvements to auction theory and auction formats by economists Paul Milgrom and Robert Wilson, have secured the pair the 2020 Nobel Prize in Economics.The new auction formats benefit sellers, buyers and taxpayers, all […]Auctions are changing, thanks to 2020’s Nobel economics prize winners
October 13, 2020 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Simon Johnson, Professor, MIT Sloan Improvements to auction theory and auction formats by economists Paul Milgrom and Robert Wilson, have secured the pair the 2020 Nobel Prize in Economics.The new auction formats benefit sellers, buyers and taxpayers, all […]
