Economics Nobel winners Paul Milgrom and Robert Wilson: Designing the right auction to solve conundrums
The major challenge is to eschew the winner’s curse, and here the laureates argue that the best way out is to place bids below their estimate of the common value
from The Financial Express https://ift.tt/2Iw9aV7
from The Financial Express https://ift.tt/2Iw9aV7
Economics Nobel winners Paul Milgrom and Robert Wilson: Designing the right auction to solve conundrums
![Economics Nobel winners Paul Milgrom and Robert Wilson: Designing the right auction to solve conundrums]()
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अक्तूबर 13, 2020
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