The Nobel Prize in Economics was given yesterday to two wonderful theorists, Bengt Holmstrom and Oliver Hart. I wrote a day ago about Holmstrom’s contributions, many of which are simply foundational to modern mechanism design and its applications. Oliver Hart’s contribution is more subtle and hence more of a challenge to describe to a nonspecialist; […]
Nobel Prize 2016 Part II: Oliver Hart
Nobel Prize 2016 Part II: Oliver Hart
02 Aug 2026 Leave a comment
in applied price theory, history of economic thought
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