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Oliver Hart and Bengt Holmström just won the 2016 Nobel Prize in economics

Oliver Hart and Bengt Holmström just won the 2016 Nobel Memorial Prize in Economics. They were given the prize for work on contract theory, which is the study of how contracts and incentives influence decision-making and business relationships. The two economists provided " a comprehensive framework for analysing many diverse issues in contractual design, like performance-based pay for top executives, deductibles and co-pays in insurance, and the privatisation of public-sector activities.
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UK, Finland-born economists win 2016 Nobel Prize for Economics

News : Reuters: World News

STOCKHOLM (Reuters) - UK-born Oliver Hart and Finland-born Bengt Holmstrom won the 2016 Nobel Economics Prize for "their contributions to contract theory", the Royal Swedish Academy of Sciences said on Monday.

Contract theory earns pair Nobel Economics Prize

Local Interest / France : France 24

British-American economist Oliver Hart and Bengt Holmstrom of Finland on Monday won the Nobel Economics Prize for their work on contract theory, the jury said. "This year's laureates have developed contract theory, a comprehensive f...

2016 Nobel Prize In Economics Awarded To Harvard, MIT Professors

News : Huffington Post

Oliver Hart, of Harvard University, and Bengt Holmström, of MIT, won the 2016 Nobel Prize in Economic Sciences “for their contributions to contract theory.” BREAKING 2016 Prize in Economic Sci. to Oliver Hart @Harvard & Bengt Holmst...

Hart, Holmstrom scoop Nobel for economics

Business & Finance : Business Report

Oliver Hart and Bengt Holmstrom have been awarded the 2016 Nobel Economics Prize for “their contributions to contract theory”. ||| Stockholm - UK-born Oliver Hart and Finland-born Bengt Holmstrom won the 2016 Nobel Economics Prize f...

Why two economists’ work in contract theory won them a Nobel Prize in economics

Business & Finance : The Business Desk with Paul Solman

Ill. N. Elmehed. © Nobel Media AB 2016. Two economists, Oliver Hart at Harvard and Bengt Holmstrom at MIT, have won a Nobel Prize in economic sciences for their contributions in contract theory. The post Why two economists’ work in ...

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