'%3e%3cpath%20opacity='0.9'%20d='M9.96879%206.49998C9.96764%206.63235%209.91511%206.7591%209.82229%206.85348L4.82229%2011.8535C4.72799%2011.9446%204.60169%2011.995%204.47059%2011.9938C4.33949%2011.9927%204.21409%2011.9401%204.12138%2011.8474C4.02868%2011.7547%203.97609%2011.6293%203.97495%2011.4982C3.97381%2011.3671%204.02421%2011.2408%204.11529%2011.1465L8.76179%206.49998L4.11529%201.85348C4.06754%201.80736%204.02944%201.75218%204.00324%201.69118C3.97704%201.63018%203.96324%201.56457%203.96267%201.49818C3.96209%201.43179%203.97474%201.36595%203.99988%201.3045C4.02502%201.24306%204.06215%201.18723%204.10909%201.14028C4.15604%201.09334%204.21187%201.05621%204.27331%201.03107C4.33476%201.00593%204.4006%200.993278%204.46699%200.993855C4.53338%200.994432%204.59899%201.00823%204.65999%201.03443C4.72099%201.06063%204.77617%201.09872%204.82229%201.14648L9.82229%206.14648C9.91511%206.24086%209.96764%206.36761%209.96879%206.49998Z'%20fill='black'/%3e%3c/g%3e%3cdefs%3e%3cclipPath%20id='clip0_4500_3924'%3e%3crect%20width='12'%20height='12'%20fill='white'%20transform='translate(0.96875%2012.5)%20rotate(-90)'/%3e%3c/clipPath%3e%3c/defs%3e%3c/svg%3e){kind=small}
News Nobel memorial prize in Economics awarded to BSE Scientific Council Members Oliver Hart and Bengt HolmströmNobel memorial prize in Economics awarded to BSE Scientific Council Members Oliver Hart and Bengt Holmström
Published
10/10/2016
3 min
'%3e%3cpath%20d='M12.6875%2010.875C11.7614%2010.875%2010.9385%2011.3251%2010.4257%2012.0178L6.011%209.76175C6.08506%209.51013%206.125%209.24403%206.125%208.96875C6.125%208.59591%206.05191%208.23987%205.91956%207.91397L10.5464%205.13403C11.0627%205.73997%2011.8309%206.125%2012.6875%206.125C14.2383%206.125%2015.5%204.86331%2015.5%203.3125C15.5%201.76169%2014.2383%200.5%2012.6875%200.5C11.1367%200.5%209.875%201.76169%209.875%203.3125C9.875%203.67094%209.94253%204.01384%2010.0653%204.32938L5.42688%207.11625C4.911%206.52819%204.15441%206.15625%203.3125%206.15625C1.76169%206.15625%200.5%207.41794%200.5%208.96875C0.5%2010.5196%201.76169%2011.7812%203.3125%2011.7812C4.25381%2011.7812%205.0885%2011.3164%205.59928%2010.6042L10.0012%2012.8537C9.91919%2013.1173%209.875%2013.3973%209.875%2013.6875C9.875%2015.2383%2011.1367%2016.5%2012.6875%2016.5C14.2383%2016.5%2015.5%2015.2383%2015.5%2013.6875C15.5%2012.1367%2014.2383%2010.875%2012.6875%2010.875ZM12.6875%201.4375C13.7214%201.4375%2014.5625%202.27863%2014.5625%203.3125C14.5625%204.34637%2013.7214%205.1875%2012.6875%205.1875C11.6536%205.1875%2010.8125%204.34637%2010.8125%203.3125C10.8125%202.27863%2011.6536%201.4375%2012.6875%201.4375ZM3.3125%2010.8438C2.27863%2010.8438%201.4375%2010.0026%201.4375%208.96875C1.4375%207.93488%202.27863%207.09375%203.3125%207.09375C4.34637%207.09375%205.1875%207.93488%205.1875%208.96875C5.1875%2010.0026%204.34637%2010.8438%203.3125%2010.8438ZM12.6875%2015.5625C11.6536%2015.5625%2010.8125%2014.7214%2010.8125%2013.6875C10.8125%2012.6536%2011.6536%2011.8125%2012.6875%2011.8125C13.7214%2011.8125%2014.5625%2012.6536%2014.5625%2013.6875C14.5625%2014.7214%2013.7214%2015.5625%2012.6875%2015.5625Z'%20fill='black'/%3e%3c/g%3e%3cdefs%3e%3cclipPath%20id='clip0_5966_13486'%3e%3crect%20width='16'%20height='16'%20fill='white'%20transform='translate(0%200.5)'/%3e%3c/clipPath%3e%3c/defs%3e%3c/svg%3e){kind=small}
Share
Table of contents
<ol class='my-0'><li class="mt-0 pl-0 mb-3 text-base lg:text-lg"><a href="#a-theory-that-has-given-rise-to-many-applications" class="text-no-underline">A theory that has given rise to many applications</a></li><li class="mt-0 pl-0 mb-3 text-base lg:text-lg"><a href="#media-coverage" class="text-no-underline">Media coverage</a></li></ol>
Related news
research
November 12
3 min
Maria Petrova and Mar Reguant elected Econometric Society Fellows
study
October 8
3 min
Jaume Ventura delivers BSE Opening Lecture 2024-25
data science
August 1
3 min
BSE and UPF host 40th Conference on Uncertainty in Artificial Intelligence
study
July 24
4 min
Congratulations Class of 2024 on your Graduation!
study
July 24
2 min
594 students from around the world attend BSE Summer School 2024
UAB
July 23
1 min
BSE organizes SED 2024 Annual Meeting
Summer Forum
July 17
3 min
Over 800 researchers participate in BSE Summer Forum 2024
Calvó-Armengol Prize
June 28
4 min
Benjamin Moll becomes the 8th Calvó-Armengol Prize Laureate
careers
June 6
4 min
Leading women economists mentor the next generation in Barcelona
UPF
May 29
3 min
BSE PhD Jamboree 2024 invites external pre-docs into the workshop experience
BSE Lecture
May 21
3 min
Robert Porter delivers 46th BSE Lecture
UPF
May 6
4 min
New members and appointments in the BSE research community
Subscribe to our newsletter
Want to receive the latest news and updates from the BSE? Share your details below.
Founding Institutions 
Distinctions 
© Barcelona Graduate School of
Economics. All rights reserved.
Economics. All rights reserved.
'%3e%3cpath%20d='M9.5%200.414062C4.52944%200.414062%200.5%204.4435%200.5%209.41406C0.5%2014.3846%204.52944%2018.4141%209.5%2018.4141C14.4706%2018.4141%2018.5%2014.3846%2018.5%209.41406C18.5%204.4435%2014.4706%200.414062%209.5%200.414062ZM9.5%2017.1283C5.23952%2017.1283%201.78571%2013.6745%201.78571%209.41406C1.78571%205.15358%205.23952%201.69978%209.5%201.69978C13.7605%201.69978%2017.2143%205.15358%2017.2143%209.41406C17.2143%2013.6745%2013.7605%2017.1283%209.5%2017.1283Z'%20fill='%2300859B'/%3e%3cpath%20d='M9.68398%206.10774C10.1904%206.10774%2010.6024%205.69575%2010.6024%205.18935C10.6024%204.68295%2010.1904%204.271%209.68398%204.271C9.17758%204.271%208.76562%204.68299%208.76562%205.18935C8.76562%205.69572%209.17761%206.10774%209.68398%206.10774Z'%20fill='%2300859B'/%3e%3cpath%20d='M11.6967%2012.6017L10.5029%2012.6006L10.5031%207.69636L10.5022%207.66067C10.4836%207.31803%2010.2%207.0459%209.85283%207.0459H8.36644L8.33076%207.04686C7.9882%207.06539%207.71614%207.34909%207.71614%207.69635L7.7171%207.73204C7.73562%208.07468%208.01926%208.34681%208.36644%208.34681L9.20235%208.34668V12.5995L7.9789%2012.6006C7.63579%2012.6191%207.36328%2012.9032%207.36328%2013.251C7.36328%2013.6107%207.6549%2013.9023%208.01464%2013.9023L11.6967%2013.9014C12.5102%2013.862%2012.5102%2012.641%2011.6967%2012.6017Z'%20fill='%2300859B'/%3e%3c/g%3e%3cdefs%3e%3cclipPath%20id='clip0_4486_4677'%3e%3crect%20width='18'%20height='18'%20fill='white'%20transform='translate(0.5%200.414062)'/%3e%3c/clipPath%3e%3c/defs%3e%3c/svg%3e){kind=small}
'%3e%3cpath%20d='M17.5403%2013.3025L17.3593%2014.7554C17.3289%2014.9984%2017.1232%2015.1808%2016.8795%2015.1808H14.526V21.2563C14.2776%2021.2787%2014.0262%2021.29%2013.772%2021.29C13.2036%2021.29%2012.6484%2021.2331%2012.1119%2021.125V15.1808H10.3018C10.1356%2015.1808%2010%2015.0445%2010%2014.878V13.0598C10%2012.8934%2010.1356%2012.757%2010.3018%2012.757H12.1119V10.0299C12.1119%208.35646%2013.463%207%2015.1295%207H17.2415C17.4076%207%2017.5432%207.13637%2017.5432%207.30285V9.12102C17.5432%209.28749%2017.4076%209.42386%2017.2415%209.42386H15.7327C15.0664%209.42386%2014.526%209.96645%2014.526%2010.636V12.757H17.0605C17.3514%2012.757%2017.5762%2013.013%2017.5403%2013.3025Z'%20fill='black'/%3e%3c/g%3e%3ccircle%20cx='14'%20cy='14.106'%20r='13.5'%20stroke='black'/%3e%3cdefs%3e%3cclipPath%20id='clip0_9829_16901'%3e%3crect%20width='7.54411'%20height='14.29'%20fill='white'%20transform='translate(10%207)'/%3e%3c/clipPath%3e%3c/defs%3e%3c/svg%3e){kind=small}
'%3e%3cpath%20d='M13.907%207.00387C10.2301%207.12321%207.19333%2010.1011%207.00927%2013.7754C6.94293%2015.0998%207.23514%2016.3519%207.8032%2017.4391L7.00497%2021.0138C6.97125%2021.1755%207.11446%2021.3188%207.27618%2021.285L10.8509%2020.4868H10.8534C11.9329%2021.0509%2013.1721%2021.3429%2014.4867%2021.2821C18.1551%2021.1122%2021.1426%2018.0983%2021.2845%2014.4286C21.4452%2010.2726%2018.0575%206.86915%2013.907%207.00387ZM14.145%2019.8117C13.1053%2019.8117%2012.1321%2019.5308%2011.2944%2019.0406C11.2155%2018.9962%2011.1392%2018.9494%2011.0653%2018.9001L8.78132%2019.5087L9.38988%2017.2247C8.81335%2016.3378%208.47828%2015.2808%208.47828%2014.145C8.47828%2011.0209%2011.0209%208.47827%2014.145%208.47827C17.2691%208.47827%2019.8117%2011.0209%2019.8117%2014.145C19.8117%2017.2691%2017.2691%2019.8117%2014.145%2019.8117Z'%20fill='black'/%3e%3cpath%20d='M17.2585%2015.8887L16.132%2015.5132C15.8233%2015.4095%2015.6281%2015.4564%2015.4972%2015.5898L15.1956%2015.8889C15.0474%2016.0371%2014.8177%2016.0618%2014.6398%2015.9482C14.3805%2015.7827%2013.9655%2015.4714%2013.3924%2014.8983C12.8193%2014.3252%2012.508%2013.9103%2012.3425%2013.6509C12.2289%2013.473%2012.2536%2013.2433%2012.4018%2013.0951L12.7009%2012.7935C12.8343%2012.6626%2012.8812%2012.4675%2012.7775%2012.1587L12.402%2011.0323C12.2983%2010.721%2011.9252%2010.5975%2011.6511%2010.7828C11.5028%2010.884%2011.3645%2010.9878%2011.199%2011.1533C10.8359%2011.5164%2010.6531%2012.0203%2010.705%2012.5317C10.7964%2013.4481%2011.3028%2014.7499%2012.4218%2015.8689C13.5408%2016.9855%2014.8426%2017.4919%2015.759%2017.5857C16.2704%2017.6376%2016.7743%2017.4548%2017.1374%2017.0917C17.3029%2016.9262%2017.4067%2016.7879%2017.5055%2016.6397C17.6932%2016.3654%2017.5697%2015.9925%2017.2585%2015.8887Z'%20fill='black'/%3e%3c/g%3e%3cdefs%3e%3cclipPath%20id='clip0_9829_16905'%3e%3crect%20width='14.29'%20height='14.29'%20fill='white'%20transform='translate(7%207)'/%3e%3c/clipPath%3e%3c/defs%3e%3c/svg%3e){kind=small}
