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What These Nobel Prize Winners Can Teach You About Small Business (Watch)

Exceptional work in contract theory garnered two professors the Nobel Prize for Economics in this example of the importance of behind the scenes work
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Oliver Hart and Bengt Holmström just won the 2016 Nobel Prize in economics

Business & Finance : Business Insider: Clusterstock

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 re...

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 ...

Henderson on the 2016 Nobel Prize Winners

Business & Finance / Economics : EconLog

(October 11, 2016 03:13 PM, by David Henderson) To understand their work, start with a pillar of economics that I teach on the first day of class: Incentives matter. Mr. Hart and Mr. Holmstrom take that principle and run with it, se...

'The Simpsons' predicted this year's Nobel Prize winner for Economic Sciences

Humor : Mashable: Watercooler

Though MIT Professor Bengt Holmström wouldn't win the Nobel Prize for another six years, back in 2010 Milhouse saw his potential. SEE ALSO: Developer breaks 'The Simpsons' down by the numbers On Monday, the Nobel Prize in Economic S...

Hart and Holmström Win Nobel Prize In Economics For Contract Theory

Business & Finance : Forbes: Business

Hart, a Professor of Economics at Harvard and Holmström, a Professor of Economics at MIT, have developed contract theory as a term of art. A key reason contracting can be considered an art—noted the Nobel Prize Committee—is because ...

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