2016 Prize in Economic Sciences: Oliver Hart and Bengt Holmström.

10 October 2016

The Royal Swedish Academy of Sciences has decided to award the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016 to

Oliver Hart

Harvard University, Cambridge, MA, USA

and

Bengt Holmström

Massachusetts Institute of Technology, Cambridge, MA, USA

“for their contributions to contract theory”

Oliver Hart, born 1948 in London, UK. Ph.D. 1974 from Princeton University, NJ, USA. Andrew E. Furer Professor of Economics at Harvard University, Cambridge, MA, USA.

http://scholar.harvard.edu/hart/home

Bengt Holmström, born 1949 in Helsinki, Finland. Ph.D. 1978 from Stanford University, CA, USA. Paul A. Samuelson Professor of Economics, and Professor of Economics and Management at Massachusetts Institute of Technology, Cambridge, MA, USA.

http://economics.mit.edu/faculty/bengt