U.S. academics Paul Milgrom and Robert Wilson won the 2020 Nobel Economics on Monday for work on auctions hailed as benefiting buyers and sellers around the world of everything from fishing quotas to aircraft landing slots.

Paul R. Milgrom and Robert B. Wilson win 2020 Nobel Economics Prize

American economists Paul R Milgrom and Robert B Wilson have been awarded the Nobel Prize in economics on Monday for “improvements to auction theory and inventions of new auction formats.

Americans always dominate the Nobel economics prizes

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Paul R. Milgrom and Robert B. Wilson win 2020 Nobel Economics Prize

Americans always dominate the Nobel economics prizes