China News Service, October 12th. According to the official website of the Nobel Prize, at noon on the 12th local time in Stockholm, Sweden, the 2020 Nobel Prize in Economics was announced. The winners were Paul R. Milgrom and Robert. Wilson (Robert B. Wilson), in recognition of their "improvement of auction theory and invention of new auction formats."
Image source: Screenshot of Nobel Prize social media account.
The Nobel Prize in Economics is the "youngest" Nobel Prize. It was first awarded in 1969. As of 2019, a total of 84 people have won.
The age of this award winner is generally high, with an average of about 67 years old.
The American economist Hévíquez is the oldest recipient of the Economics Prize, at the age of 90.