Tag: Bength Holmstrom.Michael Jensen

  • A Scorecard to Keep Track of Players and Their Agents

    The Who? among those recognized by a Nobel Prize in the Economic Sciences is seldom surprising. It’s the when that usually catches auditors unaware. Take contract theory, and the work by Oliver Hart, of Harvard University, and Bengt Holmström, of the Massachusetts Institute of Technology, that the Royal Swedish Academy of Sciences cited yesterday. As […]