The 2020 Nobel Memorial Prize in economics: the Canterbury connection

Richard Watt

New Zealand Economic Papers, 2021, vol. 55, issue 2, 166-172

Abstract: The 2020 Nobel Memorial Prize in Economics (officially known as The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel), was awarded to two professors from Stanford University, Paul Milgrom and Robert Wilson, ‘for improvements to auction theory and inventions of new auction formats’. What is probably less well-known is the notable impact made by two New Zealand economists, both economics graduates from the University of Canterbury, in shaping the theory of auctions for which the prize was awarded. This paper looks at the ‘web of influence’ among the two New Zealand economists and the two new Nobel prize winners in as far as the development of auction theory is concerned.

Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00779954.2021.1950200 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:nzecpp:v:55:y:2021:i:2:p:166-172

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RNZP20

DOI: 10.1080/00779954.2021.1950200

Access Statistics for this article

New Zealand Economic Papers is currently edited by Dennis Wesselbaum

More articles in New Zealand Economic Papers from Taylor & Francis Journals
Bibliographic data for series maintained by ().