Latest Perspectives

Hilco’s diverse capabilities can address needs ranging from valuing all assets, rationalizing underutilized real estate portfolios, monetizing industrial assets, and more. Read our perspectives for in-depth industry insights from our team of experts.

Thumbnail-Hilco Auction@2X

Auctions
Auction Theory and Its Application to the Monetization of Business Assets

By Rafael Gonzalez

This past fall, Stanford University economists Robert B. Wilson and Paul R. Milgrom were awarded the 2020 Nobel Prize for Economics based upon their contributions for improvements to auction theory and inventions of new auction formats. According to the prize committee, “Their discoveries have benefitted sellers, buyers and taxpayers around the world.” Impressively, each began their efforts in fundamental theory, and were able to advance their work to a level of real world application.

Read Article Download PDF