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Philosophy & Social Sciences

Oliver Hart

Who

Oliver Hart · Philosophy & Social Sciences

What

Nobel laureate in economics (2016) for contract theory

When

1948, London, England, UK

Where

United Kingdom · United States (Harvard University)

Biography

Oliver Hart is recognized among Jewish contributors to Philosophy & Social Sciences — Nobel laureate in economics (2016) for contract theory

How & why

Hart, from a British Jewish family, is an economist at Harvard who developed the theory of incomplete contracts. Because no contract can foresee every contingency, he analysed how the allocation of control and ownership rights shapes decisions, with implications for firms, privatization and corporate finance. He shared the 2016 Nobel Memorial Prize in Economic Sciences.

Sources & external links

Verify and go deeper with these external references.

Source: Jinfo.org — Jewish Nobel Prize winners in Economics

Contributions & Sources

Nobel laureate in economics (2016) for contract theory

2016

Source: Jinfo.org — Jewish Nobel Prize winners in Economics