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Bengt Holmstrom ";

Short Biography

Bengt Robert Holmström is the Paul A. Samuelson Professor of Economics at Massachusetts Institute of Technology, where he also was head of the Economics Department from 2003-2006. He holds a joint appointment with MIT’s Sloan School of Management. He is a fellow of the American Academy of Arts and Sciences, the Econometric Society and an elected foreign member of the Royal Swedish Academy of Sciences and the Finnish Academy of Sciences and Letters. He is a research associate of the National Bureau of Economic Research, a member of the executive committee for the Center of Economic Policy Research and second Vice President of the Econometric Society.

Professor Holmstrom received his doctorate degree from Stanford University. He has served as an associate professor at the Kellogg Graduate School of Management at Northwestern University and as the Edwin J. Beinecke Professor of Management at Yale University’s School of Management.

Professor Holmstrom’s research interests are in the fields of contracting and incentives. He has contributed to the development of the theory of contracting and incentives, the theory of the firm, corporate governance the most recently to the understanding of liquidity problems and financial crises.

Professor Holmstrom is a board member of Nokia Corporation, the Aalto University Foundation and several academic advisory and scientific boards.