Auctions are changing, thanks to 2020’s Nobel economics prize winners

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, […]

Snowden is the “EU nomination” for this year’s Oscars

After last June’s revelations about the PRISM scandal you can actually feel it that the air in world politics has less oxygen. The leaders of the major world powers, EU, USA and Russia faced severe respiratory issues during this period. Obama is still suffering from severe panic attacks, Putin broke the window to get some […]