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2 Americans won the Nobel Prize in Economics for tender theory

The award, the latest in the Nobel season, awards Paul Milgram and Robert Wilson.

According to the committee, their research led to inventions that contributed to the company.

They will share $ 1.14 million

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• Nobel Prize in Economics

News agencies

Monday, 12 October 2020, 13:05

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In the video: The announcement of two American researchers as Nobel laureates in the Economics for 2020 (Photo: Reuters)

Two American economists today (Monday) won the Nobel Prize in Economics for innovations in tender theory and inventions of new tender formations, the Royal Academy of Sciences in Sweden announced.

"Tenders are everywhere and they are affecting our daily lives," it was reported.

"The new forms of tender theory are a fine example of how basic research can ultimately produce inventions that benefit the company."

The two will share a cash prize of ten million Swedish kronor - about $ 1.14 million.

The Nobel Prize in Economics, the last to be awarded annually, was not one of the five original prizes created by the industrialist and inventor Alfred Nobel in 1895.

However, the Bank of Sweden created it in 1969.

More on Walla!

NEWS

The Nobel Peace Prize has been awarded to the United Nations World Food Program

To the full article

Illustration of the winners of the Nobel Prize in Economics

Due to the corona epidemic, the festive event is usually conducted virtually virtually.

The gala dinner held in December every Monday, when the prizes are awarded, was also canceled this year.

However, the Nobel Peace Prize ceremony, which was awarded this year to the UN Food Program, is scheduled to take place as planned on December 10 in Oslo, the anniversary of Alfred Nobel's death.

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