The Nobel Prize in Economics was awarded in 2016 to Oliver Hart, who made contributions to contract theory, and more specifically, the incompleteness of contrac

The Nobel Prize in Economics was awarded in 2016 to Oliver Hart, who made contributions to contract theory, and more specifically, the incompleteness of contracts. NPR's Planet Money has a good introduction: http://www.npr.org/sections/money/2016/11/18/502475485/episode-736-messy-nobel http://www.npr.org/sections/money/2016/11/18/502475485/episo...