Recent Surge in Sports Cards Value Results in Record Breaking Auction
All of us sports fans remember way back when we were kids, the feeling of ripping open a card pack potentially filled with our favorite players. Whether it be baseball, football, basketball, soccer, or any other sport, the feeling of revealing the player you idolize from a pack was invigorating and encapsulating. With Covid-19 decimating […]
Nobel Prize in Auctions
https://www.nobelprize.org/prizes/economic-sciences/2020/press-release/#:~:text=share%3A%201%2F2-,The%20Sveriges%20Riksbank%20Prize%20in%20Economic%20Sciences%20in%20Memory%20of,inventions%20of%20new%20auction%20formats.%22 A few days ago, two professors at Stanford University won the Noble Prize for their work on something we are very familiar with in this class: auctions. Paul Milgrom and Robert Wilson worked together to analyze and better understand auctions that have common values or common and private values. A common value auction means […]