Nobel Prize In Economics Goes To MIT And Harvard Professors For Work Involving Workforce Analytics
Talent Analytics
OCTOBER 11, 2016
Oliver Hart and Bengt Holmström will share this year’s award for their contributions to contract theory. “This year’s laureates have developed contract theory, a comprehensive framework for analyzing many diverse issues in contractual design, like performance-based pay for top executives, deductibles and co-pays in insurance, and the privatization of public-sector activities,” the jury said on Monday. “The new theoretical tools created by Hart and Holmstrom are valuable t
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