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Schmidt, Klaus M. ORCID: 0000-0002-5011-0828 (July 2017): Contributions of Oliver Hart and Bengt Holmström to Contract Theory. In: Scandinavian Journal of Economics, Vol. 119, No. 3: pp. 489-511
Full text not available from 'Open Access LMU'.

Abstract

Oliver Hart and Bengt Holmstrom were awarded the 2016 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for their fundamental contributions to contract theory. This article offers a short summary and discussion of their path-breaking work.