Stanford Economist Rings Colleague’s Doorbell to Tell Him They Won Nobel Prize

About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

  • Hong Kong Leader to Discuss Greater Bay Area Development in Mainland China
  • Barrett: I Will Do My Job Independently Of My Own Preferences
  • Amy Coney Barrett is Sworn in as Supreme Court Justice
  • Bloomberg QuickTake: Now published this video item, entitled “Stanford Economist Rings Colleague’s Doorbell to Tell Him They Won Nobel Prize” – below is their description.

    Two American economists have won the Nobel Prize for improving how auctions work. The Nobel Committee said the work of Paul R. Milgrom and Robert B. Wilson have benefited sellers, buyers and taxpayers around the world. Both are based at Stanford University. The men are not just colleagues – but also neighbours. Milgrom said he learned of the prize when Wilson knocked on his door. Security camera footage at Milgrom’s home captured the moment. Wilson knocked on Milgrom’s door in the dead of night and spoke into the intercom. “Paul,” he said. “It’s Bob Wilson. You’ve won the Nobel Prize.” Awakened, Milgrom stammered for a moment and then said: “Wow.” Milgrom and Wilson’s research underlies much of today’s economy – from the way Google sells advertising to the way the government sells off the public airwaves to telecoms companies. Monday’s award caps off this year’s Nobel prizes.

    Bloomberg QuickTake: Now YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    Leave a Comment