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Eduncle Best Answer
Members of the Nobel committee and the Royal Swedish Academy of Sciences announce Oliver Hart and Bengt Holmstrom as the winners of the 2016 Nobel Prize in economics. The decision to award the Nobel Prize in economics this year to Oliver Hart and Bengt Holmstrom for their work in contract theory is further proof that some of the best work in economics is being done to understand the rules of the game—and the contracts that determine our actions in the real world.