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Bengt R. Holmström

Bengt Holmström
Bengt Holmström.jpg
Bengt Holmström (2013)
Born Bengt Robert Holmström
(1949-04-18) April 18, 1949 (age 67)
Helsinki, Finland
Nationality Finnish
Institutions
Alma mater University of Helsinki
Doctoral
advisor
Robert B. Wilson
Doctoral
students
Jonathan Levin
Awards Nobel Memorial Prize in Economic Sciences (2016)

Bengt Robert Holmström (born 18 April 1949) is a Finnish economist who is currently Paul A. Samuelson Professor of Economics at the Massachusetts Institute of Technology. Together with Oliver Hart, he received the Central Bank of Sweden Nobel Memorial Prize in Economic Sciences in 2016.

Holmström was born in Helsinki, Finland, and belongs to the Swedish speaking minority of Finland. He received his B.S. in mathematics and science from the University of Helsinki, a Master of Science degree in Operations Research from Stanford University in 1975, and his Ph.D. from the Graduate School of Business at Stanford. He has been on the faculty of M.I.T. since 1994. Prior to that he served as an associate professor at the Kellogg Graduate School of Management at Northwestern University (1979–1982) and as the Edwin J. Beinecke Professor of Management at Yale University’s School of Management (1983–1994). Holmström was elected Alumnus of The Year by the University of Helsinki Alumni Association in 2010.

Holmström is particularly well known for his work on principal-agent theory. More generally, he has worked on the theory of contracting and incentives especially as applied to the theory of the firm, to corporate governance and to liquidity problems in financial crises.


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Wikipedia

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