Who did Paul Milgrom share the 2020 Nobel Prize with?
Robert B. Wilson
Alvin E. Roth
Jean Tirole
Richard Thaler
Answer
Robert B. Wilson shared the 2020 Nobel Prize in Economic Sciences with Paul Milgrom for their work on auction theory. Their research improved the understanding of how auctions work and developed new auction formats, which have been used in a wide range of applications, including the sale of spectrum for wireless communication and the allocation of landing slots at airports.
Mastering Milgrom: A Nobel Journey Through Economics
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