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Nobel prize in economics honors Hart and Holmstrom
The 2016 Nobel Prize in economics goes to Oliver Hart of Harvard University and Bengt Holmstrom of MIT for contract theory work. The award, 8 million kronor, recognizes insights on pay plans and outsourcing that align incentives with long term performance, amid questions about executive compensation and privatized services.
MENTIONED IN THIS ARTICLE
Enron
U.S. Justice Department
Oliver Hart
Harvard University
Bengt Holmstrom
Massachusetts Institute of Technology
Holmstrom
Patrick Bolton
Columbia University Business School
Hart
S&p
Tomas Sjostrom
Nobel Committee
U.S
Harvard
Finland
Nokia
George Akerlof
Georgetown University
Bengt
Oliver
MIT
United States
Internal Revenue Service
Black and Decker
Wells Fargo
Robert Gibbons
Sloan School of Management
Holmstrom and Hart
Gibbons
Sav
Panies
Justice Department
Bureau of Prisons
Sweden
Alfred Nobel
Wiseman
Washington
Ritter
Stockholm
Associated Press
Keith Moore
Mark Pratt
Cambridge
Massachusetts
Oliver Hartright
Andrew E. Furer
Eric Maskin
Mass