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Contracts, Reference Points, and the Theory of the Firm

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Economica and Department of Economics Coase lecture

Date: Thursday 22 February 2007
Time: 6.30-8pm
Venue: Old Theatre, Old Building
Speaker: Professor Oliver Hart
Chair: Professor Leonardo Felli

This lecture launches two new annual lecture series, the Coase Lecture and the Phillips Lecture. These names reflect the authorship of the two most famous articles ever published in Economica (the 'Phillips Curve' article was the most heavily-cited macroeconomics title of the 20th century; Ronald Coase won the Nobel Prize for his work on the theory of the firm which began with his Economica article). In this inaugural Coase lecture, Oliver Hart will discuss how his recent work with John Moore on contracts as reference points can be used to shed light on the theory of the firm.

Oliver Hart is the Andrew E Furer Professor of Economics at Harvard University, where he has been teaching since 1993. A major authority on contract theory, the theory of the firm, and corporate finance, he has published numerous articles in leading scientific journals, as well as in the Wall Street Journal and the Financial Times.

This event is free and open to all with no ticket required. Entry is on a first come, first served basis.


A podcast of this event is available to download from the LSE public lectures and events podcasts channel.

For more information email events@lse.ac.uk  or call 020 7955 6043.