Papers
A Theory of Firm Scope
Oliver Hart and Bengt Holmstrom
July, 2009; also see NBER Working Paper No. 14613
Inside and Outside Liquidity
Bengt Holmstrom and Jean Tirole
December, 2008; Wicksell Lectures, book manuscript
Comment on:“The Panic of 2007,” by Gary Gorton
Bengt Holmstrom
2008; forthcoming in Maintaining Stability in a Changing Financial System,
Symposium sponsored by The Federal Reserve of Kansas City at Jackson Hole, Wyoming
The Nordic Model: Embracing globalization and sharing risks
Torben Andersen, Bengt Holmstrom, Seppo Honkapohja, Sixten Korkman, Hans Tson Söderström and Juhana Vartiainen
2007; Research Institute of the Finnish Economy. Helsinki: Taloustieto
Pay Without Performance and the Managerial Power Hypothesis: A Comment
Bengt R. Holmström
2005; published in Journal of Corporation Law
The State of U.S. Corporate Governance: What’s Right and What’s Wrong?
Bengt R. Holmström and Steve Kaplan
2003; ECGI - Finance Working Paper No. 23/2003; also published in Journal of Applied Corporate Finance, 15(3), 2003
Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s
Bengt R. Holmström and Steven N. Kaplan
2001; MIT Dept. of Economics Working Paper No. 01-11; also published in Journal of Economic Perspectives, 15(2), 2001
LAPM -- A Liquidity-Based Asset Pricing Model
Bengt R. Holmström and Jean Tirole
2000; MIT Dept. of Economics Working Paper No. 98-08; also published in Journal of Finance, 56(5), 2001
Managerial Incentive Problems - A Dynamic Perspective
Bengt R. Holmström
1999; NBER WP6875; also published in Review of Economic Studies, 66(1), 1999; version from 1982's Wahlback Festschrift
The Firm as a Subeconomy
Bengt R. Holmström
1998; also published in Journal of Law, Economics, and Organization, 15, 1999
An Economic Theory of Promises
Bengt Holmstrom and David Kreps
September 1998
Private and Public Supply of Liquidity
Bengt R. Holmström and Jean Tirole
1996; NBER WP 5817; also published in Journal of Political Economy, February, 1998
Common Agency and Exclusive Dealing
Bengt Holmstrom and Paul Milgrom
April 1988
On Incentives and Control in Organization, Part 1
Bengt R. Holmström
December, 1977; Ph.D. Dissertation, Stanford University
On Incentives and Control in Organization, Part 2
Bengt R. Holmström
December, 1977; Ph.D. Dissertation, Stanford University