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Oliver Hart and Bengt Holmstrom win the Nobel prize for economic sciences

SUPPOSE that you and I are interested in opening a lemonade stand together. We agree that I will bring the materials we need (cups, stand and so forth) while you will make the lemonade. I’ll do the pouring while you mind the cashbox and at the end we will split the proceeds fairly. A doubt niggles, though.
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Oliver Hart, Bengt Holmstrom win Nobel prize in economics

Academics / General Science : Physorg: Other Sciences

British-born Oliver Hart and Bengt Holmstrom of Finland won the Nobel prize in economics for their contributions to contract theory, shedding light on how contracts help people deal with conflicting interests.

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...

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...

Hart, Holmstrom [and Holt?] Win Nobel in Economics for Work on Contracts

Business & Finance / Economics : Environmental Economics

Far be it from me to point out a typo: Oliver Hart and Bengt Holmstrom were awarded the Nobel Memorial Prize in Economic Science on Monday for their insights into how best to write contracts, the deals that bind together employers a...

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...

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