Oliver Hart is the Lewis P. and Linda L. Geyser University Professor at Harvard University, where he has taught since 1993. He is the 2016 corecipient of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Hart’s research centers on the roles that ownership structure and contractual arrangements play in the governance and boundaries of corporations. His recent work focuses on how parties can write better contracts and on the social responsibility of business.
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 and contracts in several legal cases. Hart is a fellow of the American Academy of Arts and Sciences, the American Finance Association, the British Academy, and the Econometric Society; a member of the National Academy of Sciences; and a distinguished fellow of the American Economic Association, and he has several honorary degrees. He has been president of the American Law and Economics Association and a vice president of the American Economic Association. He earned his PhD in economics from Princeton University.