Solvay Brussels School - Economics & Management - News

Oliver Hart and Bengt Holmstrom have been awarded the 2016 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for their work in contract theory. Their contributions were the genesis of an extensive and novel literature. Contract theory quickly found applications in other fields like finance, organization theory, macroeconomics, international trade, industrial organization and political economy.

Both Prize winners are well known to our university, and this Prize holds special meaning for ULB.