Oliver Hart and the Faculty of Economics at Cambridge

Professor Oliver Hart wins economics Nobel Prize

10 October 2016

Professor Oliver Hart, a former undergraduate at King’s College (1966), and a former Fellow of Churchill College, has been jointly awarded the 2016 Sveriges Riksbank Prize in Economic Sciences, along with Bengt Holmström of MIT for their work in the field of contracts.

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Cooperation

Cooperative communities emerge in transparent social networks

09 March 2015

An online experiment reveals that the overall level of cooperation in a group almost doubles when the previous actions of all its members are rendered transparent. When all social connections within the group are also made transparent, the most cooperative band together to form their own community – ostracizing the less cooperative.

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El Niño waves crash into a pier

Study reveals economic impact of El Niño

11 July 2014

El Niño has a significant impact on the world and local economies - and not always for the worst - and countries should plan ahead to mitigate its effects, according to a new Working Paper from the University of Cambridge.

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