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It's Agreed: Nobel Prize In Economics Awarded For Contract Theory

Winners of the Nobel Prize in Economic Sciences, economists Oliver Hart (left) and Bengt Holmström, are displayed on a screen at the Royal Swedish Academy of Sciences in Stockholm on Monday. They won the prize for their work on contract theory. (AFP/Getty Images)
Winners of the Nobel Prize in Economic Sciences, economists Oliver Hart (left) and Bengt Holmström, are displayed on a screen at the Royal Swedish Academy of Sciences in Stockholm on Monday. They won the prize for their work on contract theory. (AFP/Getty Images)

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