Nokia director shares Nobel economics prize for work on contract theory
A Briton and a Finn are recognised for their work on performance-pay deals and more.
Nevil Gibson Tue, 11 Oct 2016
Two US-based economists who specialise in contract theory have won this year’s Nobel Prize in economics.
Studies by UK-born Oliver Hart and Finland-born Bengt Holmström have been used to look at a diverse range of issues, from the use of performance-based pay for top executives to whether a
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).