- American economists Paul R. Milgrom and Robert B. Wilson won The Nobel Prize in Economics "for improvements to auction theory and inventions of new auction formats."
- Milgrom and Wilson are both faculty members at Stanford University, as well as neighbors. Milgrom was once Wilson's graduate student, according to the Stanford News Service.
- Milgrom found out that he won when Wilson knocked on his door at 2:15 a.m., according to Stanford University, which posted a Nest video recording of the event.
- The video shows Wilson telling Milgrom, "Paul, it's Bob Wilson. You've won the Nobel Prize."
- In Stockholm, Milgrom's wife learned that her husband won the Nobel prize when she "received a security-camera notification on her phone" when Wilson rang the doorbell, according to Stanford.
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