2 Americans Win 2020 Nobel Prize for Economic Science
October 12, 2020
Two American economists won the 2020 Swedish Central Bank (Sveriges
Riksbank) Prize in Economic Sciences in Memory of Alfred Nobel.
The Royal Swedish Academy of Sciences said that it awarded the prize to
Paul R. Milgrom and Robert B. Wilson “for improvements to auction theory
and inventions of new auction formats.”
The honorees will equally split the $1.1 million award.
The Nobel Prize in Economic Science was not included in Alfred Nobel's
will. It was created in 1968 by the Swedish Central Bank in Memory of
Alfred Nobel to mark its 300th anniversary. It was first awarded in 1969
and has been funded by the bank since then.
scientists — two Americans and one Briton — shared the medicine prize
for the discovery of the Hepatitis C virus.
Three other scientists — one Briton, one American and one German — won
the physics prize for their discoveries related to black holes.
The prize in chemistry was awarded to two scientists — one French and
one American — for developing a method of gene editing.
An American poet won the Nobel Prize in literature for an “unmistakable
poetic voice that with austere beauty makes individual existence
The World Food Program (WFP) won the Nobel Peace Prize for its efforts
to combat the threat of hunger.
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