Nobel Prize in Economic Sciences 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”.

Contracts are essential to the functioning of modern societies. Oliver Hart’s and Bengt Holmström’s research sheds light on how contracts help us deal with conflicting interests.

47 Prizes in Economic Sciences have been awarded every year since 1969.

24 Prizes in Economic Sciences have been given to one Laureate only. 
17 Prizes in Economic Sciences have been shared by two Laureates.
6 Prizes in Economic Sciences have been shared between three Laureates.

76 individuals have been awarded 1969-2015. 

ASUE Media  and Public Relations Division 

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