Who is Nobel Prize winner Oliver Hart?

Who is Nobel Prize winner Oliver Hart?
 

British-born Oliver Hart has been awarded the Nobel Prize for Economics along with Bengt Holmström of Finland.
Here is the ultimate packing list for your gap year The Royal Swedish Academy of Sciences have honoured the pair today for their work in contract theory.
But who is Oliver Hart and why has he become a laureate for this year’s prize?
What was the prize for? Back in the mid-1980s, Hart and Holmström made contributions to a new branch of contract theory.
It may sound a bit confusing, but their work essentially highlighted how contracts can help people deal with conflicting interests –... read more

 
10 October 2016 in Hot News, Views: 35
Source: Metro
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