The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016

Oliver Hart

© Nobel Media AB. Photo: A. Mahmoud

Prize share: 1/2

Bengt Holmström

© Nobel Media AB. Photo: A. Mahmoud

Prize share: 1/2

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2016 was awarded jointly to Oliver Hart and Bengt Holmström "for their contributions to contract theory"

To cite this section
MLA style: The Prize in Economic Sciences 2016. NobelPrize.org. Nobel Prize Outreach 2025. Tue. 22 Apr 2025. <https://www.nobelprize.org/prizes/economic-sciences/2016/summary/>

Back to top Back To Top Takes users back to the top of the page

Nobel Prizes and laureates

Nobel Prizes 2024

Six prizes were awarded for achievements that have conferred the greatest benefit to humankind. The 12 laureates' work and discoveries range from proteins' structures and machine learning to fighting for a world free of nuclear weapons.

See them all presented here.

Illustration

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.