Their discoveries 'have benefitted sellers, buyers and taxpayers around the world,' the Nobel Committee said. American economists Paul R. Milgrom, 72, (left) and Robert B. Wilson, 83, (right) were the Nobel Prize in economics for 'improvements to auction theory and inventions of new auction formats.' The face of the Nobel Prize meda shows Alfred Nobel, a Swedish chemist, engineer, inventor, businessman, and philanthropistWATCH LIVE: Join us for the announcement of the 2020 Prize in Economic Sciences. #NobelPrize https://t.co/2qWVaitjaA — The Nobel Prize (@NobelPrize) October 12, 2020'There’s not much I can use it for, in terms, you know, travel or something. Last week, the Nobel Committee awarded the prize for physiology and medicine for discovering the liver-ravaging hepatitis C virus.

Source: Daily Mail October 12, 2020 12:50 UTC