DetailsProf. Oliver Hart, who will give the opening talk in the workshop, is the Andrew E. Furer Professor of Economics at Harvard University and Senior Advisor at Prysm Group. Prof.
Prof. Oliver Hart, who will give the opening talk in the workshop, is the Andrew E. Furer Professor of Economics at Harvard University and Senior Advisor at Prysm Group. Prof. Hart won the 2016 Nobel Prize in Economics for his contributions to contract theory. His findings on incomplete contracts have shed new light on the ownership and control of businesses and have had a vast impact on several fields of economics, as well as political science and law. His research provides new theoretical tools for studying questions such as which kinds of companies should merge, the proper mix of debt and equity financing, and when institutions such as schools or prisons ought to be privately or publicly owned. This conference will discuss elements of his work which is based on the idea that rather than writing very detailed contracts parties should instead try to get on the same page concerning how unanticipated events will be dealt with. Emphasizing fairness, honesty and communication in the contract is one way to do this.
The talk will be open to all University staff and students.
Dr. Stephanie Hurder – Prysm Group
Further Information: University of Bristol – Economics: Contract Theory Workshop
All Day (Thursday) CST
University of Bristol
Queens Rd, Bristol
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