Schmidt, Klaus M. ![]() |
| 321kB |
Abstract
Oliver Hart and Bengt Holmström 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.
Item Type: | Paper (Discussion Paper) |
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Keywords: | contract theory; nobel prize; optimal incentive schemes; incomplete contracts |
Faculties: | Economics > Collaborative Research Center Transregio "Rationality and Competition" |
Subjects: | 300 Social sciences > 330 Economics |
JEL Classification: | B21, D23, D82, L20 |
URN: | urn:nbn:de:bvb:19-epub-58031-8 |
Language: | English |
ID Code: | 58031 |
Deposited On: | 27. Sep 2018 13:56 |
Last Modified: | 04. Nov 2020 13:37 |
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