THE NOBEL PRIZE IN ECONOMIC SCIENCES 2016
The Sveriges Riksbank Prize
in Economic Sciences in Memory of Alfred Nobel
2016 was awarded jointly to Oliver Hart and Bengt Holmström "for their contributions to contract theory"
OLIVER HART
Born: 1948,
London, United Kingdom
Affiliation at the time of the award: Harvard
University,
Cambridge, MA, USA
Prize motivation: "for
their contributions to contract theory"
Prize share: 1/2
BENGT HOLMSTRÖM
Born: 1949,
Helsinki, Finland
Affiliation at the time of the award: Massachusetts
Institute of Technology (MIT), Cambridge, MA, USA
Prize motivation: "for
their contributions to contract theory"
Prize share: ½
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