2016 Nobel Ekonomi Ödülü Alan Oliver Hart ve Bengt Holmström’ün Hayatları, Nobele Değer Görülen Teorik Katkıları

Yıl 2025, Cilt: 7 Sayı: 2, 411 - 426, 27.12.2025

Seda Uzan , Mustafa Acar

https://izlik.org/JA49NT43PF

Öz

2016 yılında Nobel Ekonomi Ödülüne layık görülen Oliver Hart ve Bengt Holmström'ün hayatları ve teoriye olan katkıları.

Anahtar Kelimeler

Nobel Ekonomi Ödülü , Oliver Hart , Bengt Holmström

Lives of 2016 Nobel Prize Winners in Economics Oliver Hart and Bengt Holmström, Their Nobel-Winning Theoretical Contributions

https://izlik.org/JA49NT43PF

Öz

The lives and contributions to theory of Oliver Hart and Bengt Holmström, who were awarded the Nobel Prize in Economics in 2016.

Anahtar Kelimeler

Nobel Prize for Economics , Oliver Hart , Bengt Holmström

Kaynakça

• Arrow, K., J., (1963). Uncertainty and the Welfare Economics of Medical Care, American Economic Review 53(5), 941–973.
• Bolton, P., & Dewatripont, M., (2005). Contract Theory, MIT Press, Cambridge, MA.
• Grossman, S., J. & Hart, O., (1980); Takeover Bids, the Free-Rider Problem, and the Theory of the Corporation, Bell Journal of Economics 11, 42–64.
• Grossman, S., J., & Hart, O., (1983a). An Analysis of the Principal–Agent Problem, Econometrica 51, 7–45.
• Grossman, S., J., & Hart, O., (1983b). Implicit Contracts under Asymmetric Information, Quarterly Journal of Economics 98, 123–156.
• Grossman, S., J., & Hart, O., (1986). The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration, Journal of Political Economy 94, 691–719.
• Hart, O., & Holmström., B. (2010). A Theory of Firm Scope, The Quarterly Journal of Economics, Vol;25 (2), s.483-513.
• Hart, O., "Professor Oliver Hart" The Biography of Oliver Hart, Harvard University, Retrieved 10.28.2018
• Hart, O., (1974). On the Existence of Equilibrium in a Securities Model, Journal of Economic Theory 9, 293–311.
• Hart, O., (1975). On the Optimality of Equilibrium when the Market Sstructure is Incomplete, Journal of Economic Theory 11, 418–443.
• Hart, O., (1979). Monopolistic Competition in a Large Economy with Differentiated Commodities, Review of Economic Studies 46, 1–30.
• Hart, O., (1982). A Model of Imperfect Competition with Keynesian Features, Quarterly Journal of Economics 97, 109–138.
• Hart, O., (1983a). The Market Mechanism as an Incentive Scheme, Bell Journal of Economics 14, 366–382.
• Hart, O., (1983b). Optimal Labour Contracts under Asymmetric Information: An Introduction, Review of Economic Studies 50, 3–35.
• Hart, O., (1995). Firms, Contracts, and Financial Structure, Clarendon Press, Oxford.
• Hart, O., (2009). Hold-Up, Asset Ownership, and Reference Points, Quarterly Journal of Economics 124, 267–300.
• Hart, O., & Holmström, B., (1987). The Theory of Contracts, in T. F. Bewley (ed.), Advances in Economic Theory: Papers Presented at Symposia of the Fifth World Congress of the Econometric Society, Cambridge University Press, Cambridge.
• Hart, O., & Holmström, B., (2010). A Theory of Firm Scope, Quarterly Journal of Economics 125, 483–513.
• Hart, O., & Moore, J., (1990). Property Rights and the Nature of the Firm, Journal of Political Economy 98, 1119–1158.
• Hart, O., & Moore, J., (1994). A Theory of Debt Based on the Inalienability of Human Capital, Quarterly Journal of Economics 109, 841–879.
• Hart, O., & Moore, J., (1995). Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management, American Economic Review 85(3), 567–585.
• Hart, O., & Moore, J., (1998). Default and Renegotiation: A Dynamic Model of Debt, Quarterly Journal of Economics 113, 1–41.
• Hart, O., & Moore, J., (1999). Foundations of Incomplete Contracts, Review of Economic Studies 66, 115–138.
• Hart, O., ve Moore, J., (2008). Contracts as Reference Points, Quarterly Journal of Economics 123, 1–48.
• Hart, O., Shleifer, A., & Vishny, R., W., (1997a). The Proper Scope of Government: Theory and an Application to Prisons, Quarterly Journal of Economics 112, 1127–1161.
• Hart, O., La Porta Drago, R., Lopez-de-Silanes, F., & Moore, J., (1997b). A New Bankruptcy Procedure that Uses Multiple Auctions, European Economic Review 41, 461–473.
• Holmström, B., (1979). Moral Hazard and Observability, Bell Journal of Economics 10, 74–91.
• Holmström, B., (1982a). Moral Hazard in Teams, Bell Journal of Economics 13, 324–340.
• Holmström, B., (1982b). Managerial Incentive Problems: A Dynamic Perspective, in Swedish School of Economics (ed.), Essays in Honor of Lars Wahlbeck (reprinted in (1999), Review of Economic Studies 66, 169–182
• Holmström, B., & Milgrom, P., (1987). Aggregation and Linearity in the Provision of Intertemporal Incentives, Econometrica 55, 303–328.
• Holmström, B., & Milgrom, P., (1991). Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design, Journal of Law, Economics, and Organization 7, 24–52.
• Holmström, B., & Milgrom, P., (1994). The Firm as an Incentive System, American Economic Review 84(4), 972–991.
• Holmström, B. & Tirole, J., (1993). Market Liquidity and Performance Monitoring, Journal of Political Economy 101, 678–709.
• Holmström, B. & Tirole, J., (1997). Financial Intermediation, Loanable Funds, and the Real Sector, Quarterly Journal of Economics 112, 663–691.
• Holmström, B. & Tirole, J., (1998). Private and Public Supply of Liquidity, Journal of Political Economy 106, 1–40.
• Holmström, B., & Tirole, J., (2001). LAPM: A Liquidity-Based Asset Pricing Model, Journal of Finance 56, 1837–1867.
• Holmström, B., & Tirole, J., (2011). Inside and Outside Liquidity, MIT Press, Cambridge, MA.
• Ichniowski, C., & Shaw, K., (2003). Beyond Incentive Pay: Insiders’ Estimates of the Value of Complementary Human Resource Management Practices, Journal of Economic Perspectives 17, 155–180.
• Innes, R., D., (1990), Limited Liability and Incentive Contracting with Ex-Ante Action Choices, Journal of Economic Theory 52, 45–67.
• Klein, P., (1999), “New Institutional Economics”, hhtp://encyclo.findlaw.com /0530book.pdf (16/12/2011).
• Kuhn, HW., & Tucker, AW., (1951), Nonlinear Programming. Proceedings of the 2nd Berkeley Symposium on Mathematics, Statistics and Probability, University of California Press, Berkeley, 481-492.
• Laffont, J., J., & Martimort D., (2002). The Theory of Incentives: The Principal-Agent Model. Princeton University Press
• Mirrlees, J., A., (1975). The Theory of Moral Hazard and Unobservable Behavior, Part I, mimeo (reprinted in (1999), Review of Economic Studies 66, 3–21).
• Myers, S. C. (1977). Determinants of Corporate Borrowing, Journal of Financial Economics 5, 147–175.
• Nobel Prize Foundation., (2016), Nobel Prize Bengt Holmström Biographical. Nobel Prize Foundation:https://www.nobelprize.org/prizes/economicsciences/2016/holmstrom/biographical/ adresinden alındı
• Pantelic, S., (2016). Contribution to Contract Theory; Bankarstvo, Vol. 45 (4) Scientific Review Article, Received: 20.01.2017 Accepted: 23.01.2017
• Robert., B,. (1827). A brief account of microscopical observations made in the months of June, July and August, 1827, on the particles contained in the pollen of plants; and on the general existence of active molecules in organic and inorganic bodies, Volume 1, 465-486.
• Schmidt. K., M., (2017). Contributions of Oliver Hart and Bengt Holmstrom to Contract Theory, Scand. J. of Economics 119(3), 489–511.
• Shavell, S., (1979), Risk Sharing and Incentives in the Principal and Agent Relationship, Bell Journal of Economics 10, 55–73.
• Williamson, O., E., (1975), Markets and Hierarchies: Analysis and Antitrust Implications, Free Press, New York.