Webinar: What businesses can learn from Nobel Prize winners

On Monday, 12 October 2020, Paul Milgrom and Robert Wilson were awarded the 2020 Nobel Prize in Economic Sciences for improvements to auction theory and the development of new auction formats. In this webinar, we highlight the relevance of Milgrom and Wilson’s research for businesses, and why their work is considered ground-breaking. 

About the event

During the webinar we discuss the following topics:

• The relevance of Noble Prize winners’ research for businesses, and why their work is considered ground-breaking

• Theoretical concepts for which the Nobel Prize was awarded 

• Practical auction applications ranging from Google Ad auctions to procurement and sales. 
• How business can apply the latest auction theory knowledge in their daily operations

What do you learn?

• You will gain insight about the application of the latest auction theory research to your business

• You will learn the key auction formats
• You will understand the difference between Private and Common value auctions
• You will learn about the Winner’s Curse and what the implications of it are
• You will gain insight on the modern SMRA and Combinatorial Clocks Auctions used in telecom spectrum allocation

This webinar is lead by Dhia Mansour, Senior Projectmanager at TWS Partners, Ayrat Maksyutov, Project Manager at TWS Partners and Max Turney, Consultant at TWS Partners.