Posted in improvements

American duo win Nobel prize in economics for improvements to auction theory

Winners of the Nobel Prize in Economic Sciences Paul R Milgrom, left, and Robert B Wilson

Two American economists have won the Nobel Prize for improving the theory of how auctions work and inventing new and better formats that are now woven into the economy.

The discoveries of Paul R Milgrom and Robert B Wilson “have benefitted sellers, buyers and taxpayers around the world”, the Nobel Committee said, noting that the auction formats developed by the winners have been used to sell radio frequencies, fishing quotas and airport landing slots.

The two winners, who are economists based at Stanford University in California, were

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Posted in improvements

2 Americans win Nobel Prize in economics for improvements to auction theory

Two American economists won the Nobel Prize in Economic Sciences on Monday for improving the way auctions work and creating new auction formats that have benefited sellers, buyers and taxpayers around the world.

Paul Milgrom and Robert Wilson, who are based at Stanford University in California, designed new auction formats for good and services that are difficult to sell in a traditional way, including radio frequencies, airport landing slots and fishing quotas.

Their work resulted in crucial practical applications that have spread globally and “are of great benefit to society,” said Peter Fredriksson, chair of the Nobel committee.

Wilson, 83, developed the theory for auctions of objects with a common value, which is “uncertain beforehand but, in the end, is the same for everyone.”



a screenshot of a computer screen: Americans Paul R. Milgrom, left, and Robert B. Wilson have won the Nobel Prize in economics for 'improvements to auction theory and inventions of new auction formats.'


© Anders Wiklund
Americans Paul R. Milgrom, left, and Robert B. Wilson have won the Nobel Prize in economics for ‘improvements to auction theory and inventions

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Posted in home

Kim gets first major, Hatton gets win at home in England

AP
Published 5:19 p.m. CT Oct. 11, 2020

NEWTOWN SQUARE, Pa. (AP) — Sei Young Kim shot the best round of the week in the KPMG Women’s PGA Championship, closing with a 7-under 63 at Aronimink for a five-shot victory and her first major championship.

Kim had 10 victories, the most of any player on the LPGA Tour without a major. The 27-year-old South Korean changed that Sunday in dominant fashion. She won by five over seven-time major champion Inbee Park, who closed with a 65.

Kim became the ninth first-time champion in the last 10 majors on the LPGA Tour. This was hardly a surprise. She has won at least once on the LPGA Tour every year since 2015 and she came into Aronimink as the No. 7 player in the world.

Kim finished at 14-under 266.

Nasa Hataoka (64) and Carlota Ciganda (65) tied for third at 273.

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Posted in home

Dodgers and Braves Have Won With the Home Run. Can They Win Without It?

The first two rounds of the Major League Baseball playoffs reflected the modern game: lots and lots of home runs. In 11 of the 12 series before Sunday, 54.8 percent of all runs were scored on homers.

By comparison, the games at Globe Life Field in Arlington, Texas, seemed to be lifted from the 1980s. The ballpark, which opened in July, is the site of the National League Championship Series, which starts on Monday between the Los Angeles Dodgers and the Atlanta Braves. The winner gets to stay in town to play the World Series.

“The park plays big,” said Dodgers Manager Dave Roberts, whose team swept the San Diego Padres in their division series last week in Arlington. “We’ve had the roof open, but it still plays pretty big. It’s a beautiful ballpark. It plays more to the pitcher, but there’s a lot of outfield grass out there for

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Posted in kitchen remodel

Abandoned house and companion cottage win Petaluma’s top renovation award

When Karen Brown went searching for a property in Petaluma where she and a longtime friend might co-invest and coexist, there was nothing on the market that fit the bill. It was 2013, the nation was coming out of a deep recession and the pickings were slim, especially for affordable properties with two units or enough area to build an accessory dwelling. So Brown walked the streets of the old west side and ended up beating the bushes — literally — to find her dream home hidden among an overgrowth of acacias.

The house was so concealed she almost missed it. A “no trespassing“ sign did not encourage exploration. But she was intrigued. There, set back on a third of an acre, was an abandoned shack with plywood nailed over the doors. It had no foundation and perched on piers in the ground. It hadn’t been occupied in at least

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Posted in home

Rays hit 4 homers, Glasnow fans 10 in 7-5 win against Yanks

SAN DIEGO — With their pitching staff providing a record 18 strikeouts, the Tampa Bay Rays showed some pop of their own against the New York Yankees.

Randy Arozarena, Mike Zunino, Manuel Margot and Austin Meadows homered, and Tyler Glasnow struck out 10 to set a postseason record for the Rays, who beat the Yankees 7-5 Tuesday night to even their AL Division Series at one game apiece.

The Rays had enough power to overcome a huge game by Giancarlo Stanton, who had two home runs and four RBIs. His impressive power display included a 458-foot, three-run homer that landed under the giant video board in left field at Petco Park. It was reminiscent of the mammoth shots he hit in winning the Home Run Derby here in 2016.

Stanton has three homers this series and five in four postseason games. His grand slam in the ninth inning Monday night

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Posted in home

For the Second Time in a Week, Athletics Facing a Win or Go Home Situation vs. Astros

For the second time in a week, the A’s season is down to one final game.

The A’s have lost the first two games of the best-of-five American League Division Series against the Houston Astros, and they either win Wednesday or the season’s over. The same would be true Thursday and Friday.

“Well, we just have to win tomorrow, and then we’ll worry about the next day after that,” manager Bob Melvin said after more failures from his hitters and starting pitchers. “So, we put all our efforts into tomorrow, and just think about tomorrow.

“Anything further than that is really kind of a distraction.”

Well, that and George Springer. The Astros center fielder had four hits Monday and came back with a pair of homers Tuesday, including a two-run shot off Oakland starter Sean Manaea. Springer had never homered off Manaea in 35 career at-bats, but he couldn’t have

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Posted in improvements

No. 17 LSU Football Shows Major Improvements on Both Sides of the Ball in Week Two Win

The Tigers found their groove on defense and offense against the Commodores. The game proved that both sides of the football are steadily improving.

After a disappointing opening game, No. 17 LSU (1-1) really played well against Vanderbilt. Better effort, more energy, and definitely a higher level of focus showed for both the offense and defense. The Tigers were led by one of their best players.

Derek Stingley, Secondary, Lead the Way

Anytime you hold an opponent’s quarterback to 11 for 25 passing and 113 yards, the secondary did its job. More importantly, it’s how and when the LSU secondary did it’s job.

With Stingley not giving up a single reception, it allowed the other Tigers to concentrate on just their job. Vanderbilt did challenge Stingley, as the preseason All-American broke up a pass in the end zone and was stuck to his man like glue for most of the

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Posted in home

The content streaming wars come home: Who’ll win your living room – Google, Apple or Amazon?

This week, on the heels of Apple’s and Amazon’s product announcements, Google held its fall devices event, which introduced a handful of products that many people have highly anticipated for a long time.

What does it mean for consumers? My main takeaway from all of this, especially if you bring it into context with what Amazon and Apple have rolled out over the last month, is it’s evident that a content and services war is about to be waged. Consumers will have to make important decisions about what ecosystems they want to be part of and which services go along with those ecosystems. 

Let’s run down what the fronts of this upcoming war are going to look like — and it’s all going to be played out in your living room.

Google TV: Battle for your eyeballs against Apple, Roku, and Amazon

The first thing Google announced is an updated

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Posted in lowe's home improvement

Kurt Busch ends 0-for-21 skid to finally win at home track

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Denny Hamlin pits during a NASCAR Cup Series auto race Sunday, Sept. 27, 2020, in Las Vegas.

AP

Luck finally fell Kurt Busch’s way at his home track, where he pulled out an upset Sunday night at Las Vegas Motor Speedway to sneak his way into the third round of the NASCAR Cup playoffs.

Busch ended an 0-for-21 losing streak at Las Vegas with good timing and then three tremendous restarts. He entered the race 12th in the standings and in danger of elimination from title contention, but the victory earned him an automatic berth into the next round.

The win, the first of the season for the 2004 Cup champion, was celebrated alongside younger brother, Kyle. The reigning NASCAR champion slammed doors with his big brother on the cool-down lap. Busch then took the checkered flag to the finish line and smacked it on each

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