Nobel Prize Conversations: Oliver Hart

Imagine you’re married, but you never discussed children with your partner beforehand. Then imagine your partner doesn’t want children, but you do. Your wedding day contract made no mention of kids, and legally everything is fine – but you’re still disappointed. Contracts are everywhere in society, and the example of children and marriage is just one example that shows that many contracts are - as Oliver Hart would say - incomplete. In a conversation with The Nobel Prize’s Adam Smith, Hart explores the importance of words and language for a researcher, how being good at economics is about learning to THINK like an economist and how Oliver Hart’s parents influenced him to think that anyone who’s not left-wing is an idiot. In 2016 Oliver Hart was awarded the Nobel Memorial Prize in Economic Sciences, together with the Finnish economist Bengt Holmström, for his contribution to contract theory.    For information regarding your data privacy, visit acast.com/privacy

Om Podcasten

Through their lives and work, failures and successes – get to know the individuals who have been awarded the Nobel Prize. The host for this podcast is Adam Smith, who has the happy task of interviewing our Nobel Laureates. – Nobel Prize Conversations is a podcast with a new episode every Thursday.Sit in on our conversations as we delve into how these personalities found their fields of interest — often by coincidence — how they view collaboration, curiosity and failure, and what keeps them going. The laureates share what they have learned from their career and what they like to do outside of their work – from music to fly-fishing. We let the discussions flow freely, resulting in richly varied stories on topics ranging from poverty prevention to the science of black holes and the importance of being a role model.Our latest season running in Spring/Summer 2022, features the new crop of 2021 laureates, and is produced in cooperation with Fundación Ramón Areces. Hosted on Acast. See acast.com/privacy for more information.