Nobel Prize in Economics Awarded to Oliver Hart and Bengt Holmström
- 8 years ago
Oliver Hart and Bengt Holmstrom were awarded the Nobel Memorial Prize in Economic Science on Monday for their contributions to contract theory, helping the understanding of issues like the performance-based pay for top executives.
The winners will split an 8 million Swedish kronor ($924,000) award funded by the Swedish central bank.
The winners will split an 8 million Swedish kronor ($924,000) award funded by the Swedish central bank.