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Contracts, Reference Points and the Theory of the Firm

Professor Oliver Hart of Harvard University will give a lecture at LSE entitled 'Contracts, Reference Points, and the Theory of the Firm' on Thursday 22 February. He 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.

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).

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.

Professor Leonardo Felli, LSE Department of Economics, will chair this event.

Contracts, Reference Points, and the Theory of the Firm is on Thursday 22 February 2007 at 6.30pm in the Old Theatre, Old Building, LSE, Houghton Street, London, WC2A. This event is free and open to all with no ticket required. Entry is on a first come, first served basis.

Ends

To reserve a press seat, please contact Jessica Winterstein, LSE Press Office, on 020 7955 7060 or email j.winterstein@lse.ac.uk| 

16 February 2007

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