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Economy

Hideshi Itoh: Two pioneers in contract theory are rewarded with a Nobel prize

About 27 years ago, when I was a junior scholar, I gave a talk at the Massachusetts Institute of Technology. Professor Oliver Hart attended the seminar and asked me many tough questions. For me, it was valuable on-the-job training. Even with his renowned achievements and contributions to society, Hart today still attends a lot of seminars as an ordinary participant.

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