The method has since been used to set prices on such things as electricity and gas. Milgrom advised on Google Inc.’s 2004 initial public offering, and has also been an adviser to Yahoo!, Microsoft Corp and the government across the world, according to his website.
Wilson, was questioned at the press conference on what was the last thing he bought at an auction. “My wife points out to me, we bought ski boots on Ebay,” he said. “I guess that’s an auction.” The 2020 Economics Prize outcome expands the list of male laureates of the prize to 84. Only two women have ever won it, including Duflo last year.
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