Abstract
The Royal Swedish Academy of Sciences has decided that the Swedish National Bank Prize for Excellence in Economic Sciences in Memory of Alfred Nobel for 2020 will be awarded to Paul Milgram and Robert Wilson "for improvements in auction theory and the creation of new auction formats". Paul R. Milgram1 was born in 1948 in Detroit, USA. He received his Ph.D. in 1979 from Stanford University in Cambridge, USA, on the topic of information structure in competitive bidding. He is currently a professor in the Department of Economics and the School of Business at the same university. Doctor Honoris Causa, Stockholm School of Economics (2001).
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