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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020 was recently awarded jointly to Paul R. Milgrom and Robert B. Wilson

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020 was recently awarded jointly to Paul R. Milgrom and Robert B. Wilson "for improvements to auction theory and inventions of new auction formats." Find a scholarly (peer-reviewed) article written by one (or both) of these economists and please summarize it.

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