Bengt Holmstrom

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Dr. Bengt Holmstrom
Bengt Holmstrom.jpg
Occupation Professor of Economics
Employer Massachusetts Institute of Technology
Location Cambridge, MA

Dr. Bengt Holmstrom is the Paul A. Samuelson Professor of Economics at Massachusetts Institute of Technology (MIT), with a joint appointment at MIT's Sloan School of Management. [1] He is one of the world's leading economists on workplace incentives. On October 21, 2013, he was awarded the CME Group/MSRI Prize in Innovative Quantitative Applications.[2]

Holmstrom CME Award2013.JPG
Holmstrom received the CME Group - Mathematical Sciences Research Institute Prize In Innovative Quantitative Applications from Leo Melamed on October 21, 2013.

Holmstrom is also a fellow of the American Academy of Arts and Sciences and the Econometric Society, where he previously served as the group's president. Additionally, he is a research associate of the National Bureau of Economic Research and a member of the executive committee for the Center of Economic Policy Research.


As an operations researcher in the 1970s, Holmstrom traveled to Stanford University on a Fulbright scholarship. He ended up staying at Stanford to earn a Ph.D. and the began teaching economics, first at Northwestern University anf Yale before joining the MIT faculty in 1994.[3] He was head of the economics department from 2003-2006.

Holmstrom's research focuses on workplace incentives and moral hazard. More recently, he has specialized into studying liquidity in money markets during the recent financial crisis.


Holmstrom holds a B.S. from the University of Helsinki (Finland), and both an M.S. and Ph.D. in economics from Stanford University.