Peter Fredriksson, Chairman of the Committee for Economic Sciences, left, Goran K. Hansson, Permanent Secretary for the Royal Swedish Academy of Sciences, center, and Tommy Andersson, member in The Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences announce the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2020 at a press conference in Stockholm, Monday Oct. 12, 2020. Americans Paul R. Milgrom and Robert B. Wilson have won the Nobel Prize in economics for "improvements to auction theory and inventions of new auction formats." (Anders Wiklund/TT via AP)

Peter Fredriksson, Chairman of the Committee for Economic Sciences, left, Goran K. Hansson, Permanent Secretary for the Royal Swedish Academy of Sciences, center, and Tommy Andersson, member in The Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences announce the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2020 at a press conference in Stockholm, Monday Oct. 12, 2020. Americans Paul R. Milgrom, left on screen, and Robert B. Wilson have won the Nobel Prize in economics for "improvements to auction theory and inventions of new auction formats." (Anders Wiklund/TT via AP)

Winners of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2020 at a press conference in Stockholm, Monday Oct. 12, 2020. Americans Paul R. Milgrom, left, and Robert B. Wilson have won the Nobel Prize in economics for "improvements to auction theory and inventions of new auction formats." (Anders Wiklund/TT via AP)

In this image taken from video, Robert Wilson talks to the Associated Press in a zoom meeting on Monday Oct. 12, 2020. Two American economists, Paul R. Milgrom and Robert B. Wilson, have won the Nobel Economics Prize for improving the theory of how auctions work and inventing new and better auction formats that are now woven into many parts of the economy. (AP Photo)

(L to R) Peter Fredriksson, Chairman of the Committee for Economic Sciences, Goran K. Hansson, Permanent Secretary for the Royal Swedish Academy of Sciences and Tommy Andersson, member in The Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences announce the winners of the "2020 Nobel Prize Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel" at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2020. - US economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said. (Photo by Anders WIKLUND / TT News Agency / AFP) / Sweden OUT

Tommy Andersson, member in The Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences speaks during the announcement of the winners of the "2020 Nobel Prize Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel" at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2020. - US economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said. (Photo by Anders WIKLUND / TT News Agency / AFP) / Sweden OUT

(L to R) Peter Fredriksson, Chairman of the Committee for Economic Sciences, Goran K. Hansson, Permanent Secretary for the Royal Swedish Academy of Sciences and Tommy Andersson, member in The Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences announce the winners of the "2020 Nobel Prize Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel" at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2020. - US economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said. (Photo by Anders WIKLUND / TT News Agency / AFP) / Sweden OUT

Tommy Andersson, member in The Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences speaks during the announcement of the winners of the "2020 Nobel Prize Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel" at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2020. - US economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said. (Photo by Anders WIKLUND / TT News Agency / AFP) / Sweden OUT

Tommy Andersson, member in The Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences speaks during the announcement of the winners of the "2020 Nobel Prize Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel" at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2020. - US economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said. (Photo by Anders WIKLUND / TT News Agency / AFP) / Sweden OUT

Tommy Andersson, member in The Prize Committee for the Alfred Nobel Memorial Prize in Economic Sciences speaks during the announcement of the winners of the "2020 Nobel Prize Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel" at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2020. - US economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said. (Photo by Anders WIKLUND / TT News Agency / AFP) / Sweden OUT

A screen shows pictures of US economists Paul Milgrom (L) and Robert Wilson during the announcement of the winners of the "2020 Nobel Prize Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel" at the Royal Swedish Academy of Sciences in Stockholm on October 12, 2020. - US economists Paul Milgrom and Robert Wilson won the Nobel Economics Prize for work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said. (Photo by Anders WIKLUND / TT News Agency / AFP) / Sweden OUT