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Stanford Economists Who Helped Develop Radio Auction Markets Win Nobel Prize
ResumeTwo Stanford University professors have won this year's Nobel Prize in economics. Paul Milgrom and Robert Wilson helped explain the intricacies of auction markets, which govern the sale of everything from stocks and securities to fishing quotas.
Here & Now's Peter O'Dowd speaks with Milgrom about the pair's achievement.
This segment aired on October 12, 2020.