Oliver Hart has been jointly awarded the 2016 Nobel Prize in Economic Sciences with Bengt Holmström “for their contributions to contract theory”. This column outlines his contributions to our understanding of the nature of the firm.
Maija Halonen-Akatwijuka, 29 October 2016
Oliver Hart has been jointly awarded the 2016 Nobel Prize in Economic Sciences with Bengt Holmström "for their contributions to contract theory". This column discusses his contributions, focusing particularly on incomplete contracts.
Kevin Bryan, 23 October 2016
Bengt Holmström has been jointly awarded the 2016 Nobel Prize in Economic Sciences with Oliver Hart “for their contributions to contract theory”. This column outlines his key contributions.