INSIDER
Oak Park High School alum awarded Nobel Prize in Economic Sciences
Read full article: Oak Park High School alum awarded Nobel Prize in Economic SciencesOAK PARK, Mich. – Stanford University Professor Paul Milgrom didn’t know he had won a Nobel Prize in Economic Sciences because he was asleep. “My phones were all set up for Do Not Disturb...The co-winner, Bob (Robert) Wilson, is also my neighbor across the street. He came over at about 2 a.m. and was pounding on my door," said Milgrom, who graduated from Oak Park High School. Milgrom and Wilson, who is also a professor at Stanford University, won the Nobel Prize for improvements in auction theory. “Milgrom designed a general theory of auctions that takes into consideration common values of auction markets as well as private values, which vary from bidder to bidder,” read the release.
Michigan to auction 225 land parcels: Heres where, how to bid
Read full article: Michigan to auction 225 land parcels: Heres where, how to bidMichigan will hold its annual land auction this fall, offering more than 200 parcels of surplus land across the state. The parcels available for auction range from lake frontage to small lots. There will be 225 properties available through an online auction in September and October. Counties include Allegan, Antrim, Bay, Crawford, Gladwin, Gogebic, Houghton, Lake, Lapeer, Missaukee, Newaygo, Oscoda, Otsego, Schoolcraft and Shiawassee. Ten online auctions will be offered, featuring available land parcels by county:Sept. 8 Shiawassee County.