The Nobel Prize for Economics 2020 was awarded in equal parts to Paul R. Milgrom and Robert B. Wilson “for improvements to auction theory and inventions of new auction formats.” Robert B. Wilson and C-SEB members Peter Cramton and Axel Ockenfels published a commentary on emergency procedures and crisis tactics in pandemic situations in the scientific journal Nature in summer 2020. Together with Paul R. Milgrom, they are long-time collaborators in the fields of market design, behavioral economics and game theory. C-SEB congratulates Prof. Milgrom and Prof. Wilson on this outstanding award.
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