YEREVAN 0 C°
RA CB:
  • USD - 396.02 AMD +0.02 EUR - 431.27 AMD +0.27 RUB - 5.71 AMD +0.71 GBP - 490.04 AMD +0.04
  • GOLD - - AMD SILVER - - AMD PLATINUM - - AMD

Nobel Economics Prize for Contract Theory

thewire.in

UK-born Oliver Hart and Bengt Holmstrom of Finland have won the Nobel economics prize for work on contract theory, BBC reports.

Judges said their work laid "an intellectual foundation" for policies in areas such as bankruptcy legislation and political constitutions.

The pair will receive 8 million Swedish krona (£744,652) from the committee.

 


Most read

day

week

month

    Weather
    Yerevan

    Humidity: %
    Wind: km/h
    0 C°
     
       
    24.11.2024
       
    25.11.2024