Alexey Savvateev: How to Fight Corruption with Mathematics (Nobel Prize in Economic Sciences 2016)
Nomination: For the development of contract theory in neoclassical economics. The neoclassical approach implies the rationality of economic agents, widely uses the theory of economic equilibrium and game theory. Oliver Hart and Bengt Holmström. Contract. What is it? I am an employer, and I have several employees. I tell them how their salaries will be structured. Under what circumstances and what they will receive. These circumstances […]
