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11 Oct 2016

Nobel Economics Prize 2016: Know what is Contract theory

Contract theory explores the way employment contracts can shape behavior and reach mutually beneficial outcomes for the hirer and hiree.

10 Oct 2016

Nobel Prize in Economics 2016: Know how the winners helped design insurance policies, executive pay

Two US-based academics won the Nobel Economics Prize on Monday for groundbreaking research on contract theory that has helped design insurance policies, executive pay and even prison management.

10 Oct 2016

List of previous Nobel Economics Prize winners

The economics prize is the only Nobel not originally included in Alfred Nobel`s last will and testament -- it was established in 1968 to celebrate the Swedish central bank`s 300th birthday.

Nobel Prize in Economics 2016

10 Oct 2016

Nobel Prize in Economics 2016: All you must know about the winners

UK-born Oliver Hart and Finland-born Bengt Holmstrom won the 2016 Nobel Economics Prize for "their contributions to contract theory".

Nobel Prize for Economics

10 Oct 2016

Nobel Prize in Economics 2016 awarded to Oliver Hart, Bengt Holmstrom

British-American economist Oliver Hart and Bengt Holmstrom of Finland today won the Nobel Economics Prize for their work on contract theory, the jury said.

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