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The Gazette in Medina, Ohio

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Oct 13, 2020

Page

6

Stanford Economists Milgrom Wilson Win Nobel Prize

Two Americans from Stanford University won the Nobel Prize in economics for advancing auction theory. Milgrom and Wilson, longtime collaborators and neighbors, developed methods to price and allocate scarce goods such as radio spectrum and electricity, influencing online ads and government auctions worldwide. They highlighted the winner's curse and the need for prior information to improve auction outcomes.

Paul R. Milgrom Robert B. Wilson Stanford University Nobel Committee Wilson Milgrom California Bob Wilson Associated Press Paul Peter Cramton University of Maryland University of Cologne Germany David Walsh Google Ingrid Werner U.S Treasury Milgrom and Wilson Preston McAfee Canada India Stockholm U.N Goran Hansson Royal Swedish Academy of Sciences Alfred Nobel Louise Gluck World Food Program Stanford Robert Wilson Paul Milgrom

Markets rise as tech powers gains in broad rally

Stocks extended gains with the S&P 500 up 1.6 percent and the Dow and Nasdaq climbing. Big tech names like Apple and Microsoft led the advance amid a global rally while lawmakers remain at odds over a new stimulus package.

Wall Street Apple Microsoft Nancy Pelosi Trump Congress White House Senate Willie Delwiche Baird

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