Oliver Hart is the Lewis P. and Linda L. Geyser University Professor at Harvard University, where he has taught since 1993. Formerly, he was the Andrew E. Furer Professor of Economics. He is the 2016 co-recipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, a Fellow of the Econometric Society, the American Academy of Arts and Sciences, the British Academy, and the American Finance Association, a member of the National Academy of Sciences, and has several honorary degrees. Hart works mainly on contract theory, the theory of the firm, corporate finance, and law and economics. His research centers on the roles that ownership structure and contractual arrangements play in the governance and boundaries of corporations. He has published a book (Firms, Contracts, and Financial Structure, Oxford University Press, 1995) and numerous journal articles. He has used his theoretical work on firms in two legal cases as a government expert (Black and Decker v. U.S.A. and WFC Holdings Corp. (Wells Fargo) v. U.S.A.). He has been president of the American Law and Economics Association and a vice president of the American Economic Association.
Galen L. Stone Professor of International Trade On leave Spring 2021
Elhanan Helpman's contributions include studies of the balance of payments, exchange rate regimes, stabilization programs and foreign debt, international trade, economic growth and political economy. He is a cofounder of the "new trade theory'' and the "new growth theory,'' which emphasize the roles of economies of scale and imperfect competition. His current research is reflected in his latest books, Understanding Global Trade and Globalization and Inequality.
Professor of Economics On leave 2020-2021 Academic Year
Nathaniel Hendren joined the faculty in July 2013 and is an assistant professor of economics. His interests include insurance markets and adverse selection, welfare estimation, and intergenerational mobility.... Read more about Nathaniel Hendren