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    In the bitter cold, the Chinese soldiers were discouraged, 10 thousand soldiers were withdrawn from the border

    In the bitter cold, the Chinese soldiers were discouraged, 10 thousand soldiers were withdrawn from the border

    Neuberg Supratech launches round-the-clock RT PCR test counter at Sardar Vallabhbhai Patel International Airport

    Neuberg Supratech launches round-the-clock RT PCR test counter at Sardar Vallabhbhai Patel International Airport

    The CM of this state has been protesting in front of Raj Bhavan for 3 days !

    The CM of this state has been protesting in front of Raj Bhavan for 3 days !

    Kashmir and Ladakh separate from India on WHO map, Indians erupt

    Kashmir and Ladakh separate from India on WHO map, Indians erupt

    Monolith Installation at Forest Park in Ahmedabad by Symphony Ltd was an initiative to promote nature and sustainability in India

    Monolith Installation at Forest Park in Ahmedabad by Symphony Ltd was an initiative to promote nature and sustainability in India

    The Intellectual Property Appellate Board (IPAB) makes a landmark judgement in favour of The Indian Performing Right Society (IPRS)

    The Intellectual Property Appellate Board (IPAB) makes a landmark judgement in favour of The Indian Performing Right Society (IPRS)

    IIM Sambalpur rings in 2021 with a landmark moment

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    Government approved opening of 3 offices of Indian Ambassador in these 3 countries

    Government approved opening of 3 offices of Indian Ambassador in these 3 countries

    Surgeon Vice Admiral Rajat Datta takes over as Director General Armed Forces Medical Services

    Surgeon Vice Admiral Rajat Datta takes over as Director General Armed Forces Medical Services

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    This university of Gujarat will give seed money to students-professors for research-innovation

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    Samsung Launches 2021 Range of ACs; Brings Wind-Free ACs with PM 1.0 Filter, Convertible 5-in-1, 4-Star and Hot & Cold Inverter ACs

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    #2Irresistible: The new BMW 220i M Sport launched in India.

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    Will this company become the No. 1 company in the country? Reliance is constantly falling behind

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    Del Monte makes Olive Oil more affordable than ever

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    Signal App : Find out the reasons that make it special for security and privacy

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    Corning announces first Indian Military-Grade smartphone at INR 5,499 featuring Corning® Gorilla® Glass

    Corning announces first Indian Military-Grade smartphone at INR 5,499 featuring Corning® Gorilla® Glass

    Samsung Launches New Wifi Enabled Range of Compact VRF Air Conditioning System in India for Homes and Commercial Establishments

    Samsung Launches New Wifi Enabled Range of Compact VRF Air Conditioning System in India for Homes and Commercial Establishments

    Mi India launches Mi 10i (5G), debuts the flagship ISOCELL HM2 108MP camera

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    In the bitter cold, the Chinese soldiers were discouraged, 10 thousand soldiers were withdrawn from the border

    In the bitter cold, the Chinese soldiers were discouraged, 10 thousand soldiers were withdrawn from the border

    Neuberg Supratech launches round-the-clock RT PCR test counter at Sardar Vallabhbhai Patel International Airport

    Neuberg Supratech launches round-the-clock RT PCR test counter at Sardar Vallabhbhai Patel International Airport

    The CM of this state has been protesting in front of Raj Bhavan for 3 days !

    The CM of this state has been protesting in front of Raj Bhavan for 3 days !

    Kashmir and Ladakh separate from India on WHO map, Indians erupt

    Kashmir and Ladakh separate from India on WHO map, Indians erupt

    Monolith Installation at Forest Park in Ahmedabad by Symphony Ltd was an initiative to promote nature and sustainability in India

    Monolith Installation at Forest Park in Ahmedabad by Symphony Ltd was an initiative to promote nature and sustainability in India

    The Intellectual Property Appellate Board (IPAB) makes a landmark judgement in favour of The Indian Performing Right Society (IPRS)

    The Intellectual Property Appellate Board (IPAB) makes a landmark judgement in favour of The Indian Performing Right Society (IPRS)

    IIM Sambalpur rings in 2021 with a landmark moment

    PM will lay the foundation stone of IIM Sambalpur’s permanent campus on January 2

    Government approved opening of 3 offices of Indian Ambassador in these 3 countries

    Government approved opening of 3 offices of Indian Ambassador in these 3 countries

    Surgeon Vice Admiral Rajat Datta takes over as Director General Armed Forces Medical Services

    Surgeon Vice Admiral Rajat Datta takes over as Director General Armed Forces Medical Services

    This university of Gujarat will give seed money to students-professors for research-innovation

    This university of Gujarat will give seed money to students-professors for research-innovation

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    Samsung Launches 2021 Range of ACs; Brings Wind-Free ACs with PM 1.0 Filter, Convertible 5-in-1, 4-Star and Hot & Cold Inverter ACs

    Samsung Launches 2021 Range of ACs; Brings Wind-Free ACs with PM 1.0 Filter, Convertible 5-in-1, 4-Star and Hot & Cold Inverter ACs

    Odysse Electric Vehicles launches its new low speed scooter

    Odysse Electric Vehicles launches its new low speed scooter

    #2Irresistible: The new BMW 220i M Sport launched in India.

    #2Irresistible: The new BMW 220i M Sport launched in India.

    Will this company become the No. 1 company in the country? Reliance is constantly falling behind

    Will this company become the No. 1 company in the country? Reliance is constantly falling behind

    Del Monte makes Olive Oil more affordable than ever

    Del Monte makes Olive Oil more affordable than ever

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    Signal App : Find out the reasons that make it special for security and privacy

    Signal App : Find out the reasons that make it special for security and privacy

    Make way for the one true king, ŠKODA KUSHAQ

    Make way for the one true king, ŠKODA KUSHAQ

    Corning announces first Indian Military-Grade smartphone at INR 5,499 featuring Corning® Gorilla® Glass

    Corning announces first Indian Military-Grade smartphone at INR 5,499 featuring Corning® Gorilla® Glass

    Samsung Launches New Wifi Enabled Range of Compact VRF Air Conditioning System in India for Homes and Commercial Establishments

    Samsung Launches New Wifi Enabled Range of Compact VRF Air Conditioning System in India for Homes and Commercial Establishments

    Mi India launches Mi 10i (5G), debuts the flagship ISOCELL HM2 108MP camera

    Mi India launches Mi 10i (5G), debuts the flagship ISOCELL HM2 108MP camera

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Home News Education

Noble in Economics : Paul Milgrom and Robert Wilson

NM by NM
3 months ago
in Education, science
1 min read
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Noble in Economics : Paul Milgrom and Robert Wilson
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American economists Paul Milgrom and Robert Wilson have been awarded the 2020 Nobel Prize in economics for their contributions to auction theory.

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Paul said that , once he was buying shoes online and his wife gave a suggestion that auction system needs some changes and from that paul took an inspiration.

Milgrom and Wilson, are professors at Stanford University in California, and recognized for theoretical discoveries that improved how auctions work. According to the Royal Swedish Academy of Sciences, they also designed auction format for goods and services that are difficult to sell in a traditional way, such as radio frequencies. Robber is 73years old ND Paul is 83, they proved that age is just a number…

Tags: VR Unnati Dave
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