The entire memorable incident was captured by the Nest camera outside Milgrom’s house. In fact, Milgrom’s wife, who is Stockholm, also had the privilege of watching the incident live on her smartphone. When the neighbour rang the doorbell, Milgrom’s wife got a security-camera notification on her phone and she also could watch the memorable moment when fellow Wilson knocked on their door to break the one of greatest news of their lives.
Well now we know it’s a really smart home 😎 https://t.co/XGS8nkjK8W
— Made By Google (@madebygoogle) 1602538752000
As the entire moment was caught on a Nest camera, it goes without saying that Google will have some say too. The technology giant from its official handle dedicated a smart tweet: “Well now we know it’s a really smart home”.
This tweet will definitely bring a smile on the faces of everyone working for the Nest team at Google as they would be happy to discover a Nobel Prize winner using their product.
Paul R. Milgrom and Robert B. Wilson won the Nobel Prize in Economics for “improvements to auction theory and inventions of new auction formats.” Explaining the achievements of the Nobel laureates, the committee noted that Wilson’s work showed why rational bidders tend to place bids below their own best estimate of the common value: they are worried about the winner’s curse – that is, about paying too much and losing out.
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