LEOH 2018, September 17th to 18th:
Biography: Antoinette Schoar
Professor of Entrepreneurial Finance, MIT
Antoinette Schoar is the Michael M. Koerner (49’) Professor of Entrepreneurial Finance at the MIT Sloan School of Management and the former Chair of the MIT Sloan finance department. She holds a PhD is in Economics from the University of Chicago and an undergraduate degree from the University of Cologne, Germany. She is the co-chair of the NBER Corporate Finance group. Previously she was an associate editor of the Journal of Finance and the American Economic Journal: Applied Micro. She has also been the Co-Chair of the NBER Entrepreneurship Group. Her research interests span from entrepreneurship and financing of small businesses in emerging markets to household finance and intermediation in retail financial markets. She received several awards including the Brattle Prize for best paper in the Journal of Finance and the Kauffman Prize Medal for Distinguished Research in Entrepreneurship in 2009. She has published numerous papers in the Journal of Finance, Journal of Financial Economic, the Quarterly Journal of Economics and others. Her work has been featured in the Economist, the Financial Times, the New York Times and the Wall Street Journal. She also is the cofounder of ideas42 a non-profit organization that uses insights from behavioral economics and psychology to solve social problems.
LEOH 2017, September 25th to 26th:
Biography: Botond Köszegi
Professor of Economics, Central European University, Budapest
Botond Kőszegi is Professor of Economics at Central European University, Budapest, Hungary. He was previously Assistant Professor, Associate Professor, and then Professor of Economics at the University of California at Berkeley, and has held a visiting position at the Massachusetts Institute of Technology. He received a BA in mathematics from Harvard University in 1996, and a PhD in economics from the Massachusetts Institute of Technology in 2000. He was one of the first students to write a PhD thesis entirely on behavioral economics. He has since published extensively on behavioral-economics topics – including several lead articles – in top journals such as the American Economic Review, Quarterly Journal of Economics, Review of Economic Studies, Journal of the European Economic Association, and Journal of Public Economics.
His research interests are primarily in the theoretical foundations of behavioral economics. He has produced research on self-control problems and the consumption and regulation of harmful products, self-image and anticipatory utility, as well as reference-dependent preferences and loss aversion. More recently, he has been studying how firms respond to consumers’ psychological tendencies, especially in the pricing of products and the design of credit contracts and other potentially deceptive products. He has received a European Research Council Grant in 2012, and the Jahnsson Award, a biennial award for the best economist in Europe under the age of 45, in 2015.
LEOH 2016, September 12th to 14th:
Biography: Oliver Hart
Professor of Economics, Harvard University
Oliver Hart is currently the Andrew E. Furer Professor of Economics at Harvard University, where he has taught since 1993. Hart works mainly on contract theory, the theory of the firm, corporate finance, and law and economics. His research centers on the roles that ownership structure and contractual arrangements play in the governance and boundaries of corporations. He has published a book (Firms, Contracts, and Financial Structure, Oxford University Press, 1995) and numerous journal articles.
He is a Fellow of the Econometric Society, the American Academy of Arts and Sciences, the British Academy, and the American Finance Association, and has several honorary degrees. He has been president of the American Law and Economics Association and a vice president of the American Economic Association.
His pioneering works on property rights theory and incomplete contracts with colleagues Sanford Grossman and John Moore had a profound impact on areas as diverse as industrial organization, international trade, and finance. Just how profound this impact was, was documented in a conference that, on the occasion of the 25th anniversary of the publication of the original Grossman and Hart (1986) article, was held in Brussels from in 2011. See: http://gh25.ulb.ac.be/
In 2016 Oliver Hart received the Nobel Memorial Prize in Economic Sciences.
LEOH 2015, September 21st to 23rd:
Biography: Robert Gibbons
Sloan Distinguished Professor of Management, MIT Sloan School of Management and
Professor of Organizational Economics, MIT Department of Economics
Robert Gibbons’s research and teaching concern the design and performance of organized activities, especially “relational contracts” (informal agreements so rooted in the parties’ circumstances that they cannot be adjudicated by courts). Naturally, organized activities may occur within firms, but they may also occur between firms (e.g., supply relationships, alliances, joint ventures, and more) or beyond firms (such as in hospitals, schools, government agencies, communities, and more). He is a faculty member in MIT’s Sloan School and MIT’s Department of Economics, where he teaches management and PhD courses (respectively) and has received teaching awards from each. Since 2002, he has been co-principal investigator of MIT Sloan’s Program on Innovation in Markets and Organizations (PIMO).
Outside of MIT, Gibbons has given short doctoral courses in organizational economics at Bergen, Zurich, EUI, Pompeu Fabra, Nanterre, Tinbergen Institute, Shanghai Jiao Tong, Sorbonne, Hitotsubashi, UNSW, and Chicago. He is a fellow of the American Academy of Arts and Sciences, the Econometric Society, and the Society of Labor Economists, founding director of the NBER working group in organizational economics, and a former board member at the Center for Advanced Study in the Behavioral Sciences and the Citicorp Behavioral Science Research Council.
In addition to writing papers, Gibbons has written one book, co-edited another, and is writing a third. His text Game Theory for Applied Economists (Princeton University Press, 1992) has been translated into Chinese, Greek, Hungarian, Italian, Japanese, and Spanish, he co-edited The Handbook of Organizational Economics with J. Roberts (Princeton University Press, 2013), and his forthcoming Introduction to Organizational Economics (Princeton University Press, 2017) is intended to make the field accessible to a broad set of theoretical and empirical economists and other researchers.