ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by Anirban HazraSubscribe to Anirban Hazra

Nobel in Auction

The 2020 Nobel Prize in Economics was awarded to Paul R Milgrom and Robert B Wilson for their contribution to auction theory. Auction designs end up helping private and public players to make a valuation of a public good and, hence, create a market that did not exist beforehand, which quite often overlooks the underlying concrete social and environmental concerns.
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