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The 2016 Sveriges Riksbank Prize in Economic Sciences (Nobel Prize in Economics) was awarded to:

  1. A
    Oliver Hart and Bengt Holmstrom
  2. B
    Angus Deaton and Jean Tirole
  3. C
    Patrick Modiano
  4. D
    Arthur B. McDonald

Solution & Step-by-step Explanation

The 2016 Nobel Prize in Economics was awarded jointly to Oliver Hart (Harvard University) and Bengt Holmström (MIT) for their pioneering theoretical work and foundational contributions to Contract Theory, which helps design optimal frameworks for executive compensation, insurance policies, and privatization choices.

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The 2016 Sveriges Riksbank Prize in Economic Sciences (Nobel Prize in Economics) was awarded to:
A
Oliver Hart and Bengt Holmstrom
B
Angus Deaton and Jean Tirole
C
Patrick Modiano
D
Arthur B. McDonald

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