The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2020 to Paul R. Milgrom Stanford University, USA and Robert B. Wilson Stanford University, USA. Laureates have studied how auctions work. They have also used their insights to design new auction formats for goods and services that are difficult to sell in a traditional way, such as radio frequencies.
Can auction format be used for patents?
Yong-Gil Lee, Inha University addressed Patent auctions in his paper `Different characteristics between auctioned and non-auctioned patents' https://www.researchgate.net/publication/220364908.
Any researcher studied auction theory for Intellectual Property?
