The Nobel Prize in economics was awarded for “improvements to auction theory and inventions of new auction formats.” It comes as much of the world experiences the worst recession since World War II because of the impact of the coronavirus pandemic.

 

The Nobel Prize in economics was awarded for “improvements to auction theory and inventions of new auction formats.” It comes as much of the world experiences the worst recession since World War II because of the impact of the coronavirus pandemic. https://t.co/aGZaM6pZNM

— The Associated Press (@AP) October 12, 2020