Karl Borch Lecture 2003

Karl Borch Lecture 2003

The Karl Borch Lecture is an annual lecture held by world-class scholars on a current research topic.

The Karl Borch Lecture Series was established in 2002 by the Department, in honor of Borch.
The lecture is on a current research topic and given by distinguished scholars, whose research capture the pioneering spirit of Karl Borch, but not necessarily his fields of research in a narrow sense.

The Karl Borch Lecture is sponsored by the Institute for Research in Economics and Business Administration (SNF).

Karl Borch Lecture 2003

The 2nd Karl Borch Lecture was given by Professor Oliver Hart, Harvard University, on the topic

Firms versus Contracts

The lecture was held at NHH on Thursday May 15 2003 (12.15-13.45 in Aud. E).

Please see the press release (in Norwegian) for further details. Slides are also available.

Professor Wilson also gave an additional lecture, in the Department's Seminar Series, on Friday May 16 2003, entitled Takeover Bids vs. Proxy Fights in Contests for Corporate Control.

 

Karl Borch Lectures 2002-2016
Thursday 06.10.2016, 12.15-13.45, Karl Borch's Aud.

Andrew W. Lo, Massachusetts Institute of Technology

Can Financial Engineering Cure Cancer?

Thursday 03.09.2015, 12.15-13.45, Agnar Sandmo's Aud.

Lasse Heje Pedersen, Copenhagen Business School

Efficiently Inefficient

Friday 24.05.2013, 12.15-13.45, Karl Borch's Aud.

David M. Kreps, Stanford University

Motivation versus Incentives

Thursday 31.05.2012, 12.15-13.45, Karl Borch's Aud.

Eduardo Schwartz, University of California, Los Angeles

The Real Options Approach to Valuation: Challenges and Opportunities

Tuesday 23.08.2011, 13.10-14.20, Dag Coward's Aud.

John Y. Campbell, Harvard University

Investing and Spending: The Twin Challenges of Endowment Management

Friday 07.05.2010, 12.15-13.45, Karl Borch's Aud.

Christian Gollier, Toulouse 1 Capitole University

The economics of long term discounting

Monday 08.06.2009, 12.15-13.45, Karl Borch's Aud.

Jacques Drèze, Université catholique de Louvain

When Borch's Theorem does not apply: Some key implications of market incompleteness, with policy relevance today

Friday 05.09.2008, 12.15-13.45, Karl Borch's Aud.

Mark Rubinstein, University of California, Berkeley

Great Moments in Financial Economics: The Hidden History

Friday 08.06.2007, 12.15-13.45, Aud. E

Hayne Leland, University of California, Berkeley

The Optimal Financial Scope of the Firm

Friday 12.05.2006, 12.15-13.45, Aud. C

Stephen A. Ross, Massachusetts Institute of Technology

A Neoclassical Look at Behavioral Finance: A Tale of Two Anomalies

Friday 23.09.2005, 12.15-13.45, Karl Borch's Aud.

Michael Brennan, University of California, Los Angeles

Changing attitudes towards risk

Friday 29.10.2004, 12.15-13.45, Finn E. Kydland's Aud.

Robert Wilson, Stanford University

Risk Management in Liberalized Electricity Markets

Thursday 15.05.2003, 12.15-13.45, Aud. E

Oliver Hart, Harvard University

Firms versus Contracts

Friday 03.05.2002, 13.15-14.45, Aud. E

Bengt Holmström, Massachusetts Institute of Technology

Liquidity and Insurance

Karl H. Borch

Karl H. Borch was a professor at NHH between 1963 and 1986, and is considered one of the founders of economics of uncertainty, counting 150 scientific articles in journals and conference proceedings, and three books.

Oliver Hart

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 has used his theoretical work on firms in two legal cases as a government expert (Black and Decker v. U.S.A. and WFC Holdings Corp. (Wells Fargo) v. U.S.A.).

He is a Fellow of the Econometric Society, the American Academy of Arts and Sciences, the British Academy, and the American Finance Association, a member of the National Academy of Sciences, and has several honorary degrees.

e has been president of the American Law and Economics Association and a vice president of the American Economic Association.