Recently, Nobel Prize for Economics, 2020 has been awarded jointly to Paul R. Milgrom and Robert B. Wilson
The two economists were awarded " for improvements to auction theory and inventions of new auction formats".
Their discoveries have benefitted sellers, buyers, and taxpayers globally.
The 2019 Nobel Prize in Economic Sciences was awarded to Indian-American economist Abhijit Banerjee, Esther Duflo, and Michael Kremer for their experimental approach to alleviating global poverty