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...Nobel Prize is timely, as the economic crisis has taught us that we need to understand much better what goes on within large organizations, and what goes on within organizations is not entirely governed by market forces. This is precisely what the Nobel Prize winners and my colleague Oliver Hart have been researching on over the past three decades,” said Harvard Economics Professor Philippe Aghion yesterday...

Author: By Amira Abulafi, CONTRIBUTING WRITER | Title: Woman Wins Econ Nobel | 10/13/2009 | See Source »

Aghion said that Harvard’s Oliver S. Hart “went much further than Williamson by constructing a rigorous framework that made the theory of the firm become truly operational and testable...

Author: By Amira Abulafi, CONTRIBUTING WRITER | Title: Woman Wins Econ Nobel | 10/13/2009 | See Source »

Adam M. Guren ’08, a current economics Ph.D. student and former Crimson editorial chair, wrote in an e-mail to the Crimson that, “Bottom Line: Everyone here at Harvard thought that Oliver Hart, who is at Harvard, would and should win with Oliver Williamson, and people are really disappointed that he was not recognized...

Author: By Amira Abulafi, CONTRIBUTING WRITER | Title: Woman Wins Econ Nobel | 10/13/2009 | See Source »

...like cancer, may lay blame on the vaccine. Addiction experts also caution that no drug-based addiction treatment is a panacea, and that behavior-based quit programs must play a role. "It's good that they're doing this research, but we need to temper our enthusiasm," says Carl Hart, associate professor of psychology at Columbia University, who studies cocaine and other drugs. He notes that a vaccine cannot fight craving itself. "It might be helpful for select people," he says, "but we need to go into this with our eyes open...

Author: /time Magazine | Title: Cautious Hopes for a Cocaine Vaccine | 10/7/2009 | See Source »

...First-year coach Tom Williams has a battle at quarterback on his hands. Junior Brook Hart, who started five games last year, is the incumbent, but sophomore transfer Patrick Witt has been seeing a lot of preseason action as well. Whoever earns the job will have some familiar faces at receiver, as the top three targets are all back. The Bulldogs also lost several key players from the defensive unit, which was tops in the Ivies with just 10.5 points allowed per game...

Author: By Crimson Sports Staff | Title: FOOTBALL '09: The Ivy League Rundown | 9/18/2009 | See Source »

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