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Oliver Hart is an economist born in London on October 9, 1948. He holds citizenship in the United States, and is known for his work in contract theory, specifically on topics such as the allocation of ownership and the circumstances when contracting is more beneficial than ownership. Hart's academic background includes studying at Princeton University, the University of Warwick, and King's College, Cambridge.
Throughout his career, Hart has advised numerous doctoral students, including Luigi Zingales, Jeremy C. Stein, David S. Scharfstein, Richard Holden (economist), and Andrew Myers (entrepreneur). His own doctoral advisor was Michael Rothschild.
In addition to economics, Hart's academic disciplines also include law. In 2016, he was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to contract theory. Oliver Hart's birth name is Oliver Simon D'Arcy Hart, and he is the child of Philip D'Arcy Hart. He is currently located in the United Kingdom.