The prize is right—how auction theory won the Nobel for economics

who reimagined an ancient form of transaction—the auction.

Host Rachana Shanbhogue asks one of the winners, Paul Milgrom, how he put his cutting-edge theory into practice. Plus, the $100bn bet that has not paid off: why SoftBank’s Vision Fund failed to supercharge tech start-ups. And, how are investors

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The Nobel prize in economics rewards advances in auction theoryThis year’s Nobel prize in economics was awarded to Paul Milgrom and Robert Wilson for their work on auction theory and design Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 In Just A Week,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info Markharrisfx If I am not mistaken, numerous Noble Prize awards have already been presented in the economics and mathematics for this same subject of 'gambling theory'. No new ideas? 'Auction theory and design' truly vital research areas in times of COVID__19 and Economic crisis
Source: TheEconomist - 🏆 6. / 92 Read more »