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Bengt Holmström — news, coverage & facts — IJR

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Bengt Holmström — Soppakanuuna · CC BY-SA 4.0

economist

Bengt Holmström

Finnish economist and Nobel laureate

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Facts from Wikidata (CC0). Image via Wikimedia Commons (CC BY-SA 4.0).

Also known as Bengt Holmstrom, Bengt R. Holmstrom, Bengt R. Holmström

Overview

Bengt Robert Holmström is a Finnish economist who is currently Paul A. Samuelson Professor of Economics (Emeritus) 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.

From Wikipedia (CC BY-SA 4.0).

Bengt Robert Holmström is a Finnish economist who is currently Paul A. Samuelson Professor of Economics (Emeritus) 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.

Occupation: economist, university teacher
Citizenship: Finland
Born: April 18, 1949

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Notable quotes

“Today, I know better. As I will try to explain, one of the main lessons from working on incentive problems for 25 years is that within firms, high-powered financial incentives can be very dysfunctional and attempts to bring the market inside the firm are generally misguided. Typically, it is best to avoid high-powered incentives and sometimes not use pay-for-performance at all.”
— Bengt Holmström (2021) cited in: "Past masters of contract theory" in Millenium Post, 5 December 2021.

Quotes via Wikiquote (CC BY-SA), each with its original source.