Robert Wilson, left, and Paul Milgrom were awarded the 2020 Nobel Memorial Prize in Economic Sciences. Image credit: Andrew Brodhead Paul Milgrom and Robert Wilson, who are neighbors as well as colleagues, spent much of the morning celebrating their Nobel Prize together. Image credit: Andrew Brodhead Earlier in the morning, Robert Wilson and his wife, Mary, had to inform a still-sleeping Paul Milgrom over his security camera that he had won the Nobel Prize and that the Nobel Committee was attempting to reach him. Image credit: Courtesy Paul Milgrom The two Nobel Prize winners began a busy day of media interviews. Here, Paul Milgrom shows his schedule to Graduate School of Business public relations officer Helen Chang. Image credit: Andrew Brodhead Robert Wilson takes a phone interview from the BBC in his backyard as his wife, Mary, looks on. Image credit: Andrew Brodhead Among those joining the early morning celebrations was Mohammad Akbarpour, associate professor of economics at the Graduate School of Business, seen here sitting with Paul Milgrom. Image credit: Andrew Brodhead Mary Wilson and Paul Milgrom troubleshoot a media transfer. Image credit: Andrew Brodhead Robert Wilson and Paul Milgrom live across the street from each other. Image credit: Andrew Brodhead Among the new Nobel laureates’ first interviews was one with University Communications. Image credit: Andrew Brodhead Much of the new laureates’ day will be spent explaining to the media the applications of their research. Image credit: Andrew Brodhead Robert Wilson and Paul Milgrom explain to the media auction theory and inventions of new auction formats. Image credit: Andrew Brodhead The Nobel Prize winners are former student and mentor. Robert Wilson, left, was Paul Milgrom’s PhD adviser. Image credit: Andrew Brodhead A 10 a.m. virtual press conference featured the two new laureates answering questions for reporters worldwide. Image credit: Andrew Brodhead Fullscreen