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10 OCTOBER 2016 Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016 OLIVER HART AND BENGT HOLMSTRÖM: CONTRACT THEORY The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel THE ROYAL SWEDISH ACADEMY OF SCIENCES, founded in 1739, is an independent organisation whose overall objective is to promote the sciences and strengthen their influence in society. The Academy takes special responsibility for the natural sciences and mathematics, but endeavours to promote the exchange of ideas between various disciplines. BOX 50005 (LILLA FRESCATIVÄGEN 4 A), SE-104 05 STOCKHOLM, SWEDEN TEL +46 8 673 95 00, [email protected] HTTP://KVA.SE

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Page 1: Advanced Information - The Prize in Economic Sciences 2016 · The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel ... Bengt Holmström provided a formalization

10 OCTOBER 2016

Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016

OLIVER HART AND BENGT HOLMSTRÖM: CONTRACT THEORY

The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel

THE ROYAL SWEDISH ACADEMY OF SCIENCES, founded in 1739, is an independent organisation whose overall objective is to promote the sciences and strengthen their influence in society. The Academy takes special responsibility for the natural sciences and mathematics, but endeavours to promote the exchange of ideas between various disciplines.

BOX 50005 (LILLA FRESCATIVÄGEN 4 A), SE-104 05 STOCKHOLM, SWEDEN TEL +46 8 673 95 00, [email protected] HTTP://KVA.SE

Page 2: Advanced Information - The Prize in Economic Sciences 2016 · The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel ... Bengt Holmström provided a formalization
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Page 5: Advanced Information - The Prize in Economic Sciences 2016 · The Committee for the Prize in Economic Sciences in Memory of Alfred Nobel ... Bengt Holmström provided a formalization
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