Oliver Hart

Harvard University - Department of Economics

Professor / Andrew E. Furer Professor of Economics

Littauer Center

Cambridge, MA 02138

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

  • Harvard University - Department of Economics

    • Email
    • Tel: 617-496-3461
    • Fax: 617-495-7730

  • National Bureau of Economic Research (NBER)

  • European Corporate Governance Institute (ECGI)

SCHOLARLY PAPERS

45

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2,668

CROSSREF CITATIONS

2,285

Scholarly Papers (45)

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1.

Companies Should Maximize Shareholder Welfare Not Market Value

Downloads 6,391 ( 1,982)
Citation 164

Companies Should Maximize Shareholder Welfare Not Market Value

ECGI - Finance Working Paper No. 521/2017
Number of pages: 39 Posted: 22 Jul 2017 Last Revised: 01 Oct 2017
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 6,390 (1,963)
Citation 44

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Firm Objective, Shareholder Value, Prosocial, Friedman

Companies Should Maximize Shareholder Welfare Not Market Value

CEPR Discussion Paper No. DP12186
Number of pages: 36 Posted: 04 Aug 2017
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 1 (1,064,027)
Citation 110
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firm objective, Friedman, prosocial, shareholder value

2.

Takeover Bids Vs. Proxy Fights in Contests for Corporate Control

Downloads 4,299 ( 3,930)
Citation 8

Takeover Bids Vs. Proxy Fights in Contests for Corporate Control

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 04/2002, Harvard Law and Economics Discussion Paper No. 336
Number of pages: 47 Posted: 23 Apr 2003 Last Revised: 10 Dec 2018
Lucian A. Bebchuk and Oliver Hart
Harvard Law School and Harvard University - Department of Economics
Downloads 4,116 (4,160)
Citation 6

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Corporate governance, corporate control, takeovers, proxy contests, mergers and acquisitions

Takeover Bids vs. Proxy Fights in Contests for Corporate Control

NBER Working Paper No. w8633
Number of pages: 42 Posted: 06 Dec 2001 Last Revised: 05 Aug 2022
Lucian A. Bebchuk and Oliver Hart
Harvard Law School and Harvard University - Department of Economics
Downloads 183 (272,280)

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3.

The New Corporate Governance

Downloads 2,922 ( 7,471)
Citation 5

The New Corporate Governance

University of Chicago Business Law Review, Forthcoming, Chicago Booth Research Paper No. 22-12, George J. Stigler Center for the Study of the Economy & the State Working Paper No. 317, European Corporate Governance Institute - Law Working Paper No. 640/2022
Number of pages: 29 Posted: 20 Apr 2022 Last Revised: 31 Aug 2022
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 1,989 (13,454)
Citation 2

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Shareholder Value, Shareholder Welfare, Proxy Voting

The New Corporate Governance

University of Chicago Business Law Review, Summer 2022, Vol.1, Issue 1, University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-55
Number of pages: 22 Posted: 27 Apr 2022
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 686 (63,410)
Citation 1

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The New Corporate Governance

Harvard Law School John M. Olin Center Discussion Paper No. 1081 (2022)
Number of pages: 22 Posted: 02 Aug 2022 Last Revised: 16 Sep 2022
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 225 (224,953)

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Shareholder Value, Shareholder Welfare, Proxy Voting

The New Corporate Governance

NBER Working Paper No. w29975
Number of pages: 27 Posted: 25 Apr 2022 Last Revised: 28 May 2023
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 22 (860,268)
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The New Corporate Governance

CEPR Discussion Paper No. DP17276
Number of pages: 29 Posted: 27 May 2022
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
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Citation 3
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Proxy voting, shareholder value, Shareholder Welfare

4.

Financial Contracting

Downloads 2,531 ( 9,322)
Citation 42

Financial Contracting

Number of pages: 49 Posted: 08 May 2001
Oliver Hart
Harvard University - Department of Economics
Downloads 2,409 (9,868)
Citation 45

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Financial contracting, decision rights, control rights

Financial Contracting

NBER Working Paper No. w8285
Number of pages: 48 Posted: 11 May 2001 Last Revised: 22 Aug 2022
Oliver Hart
Harvard University - Department of Economics
Downloads 122 (380,019)

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Financial Contracting

Posted: 14 May 2001
Oliver Hart
Harvard University - Department of Economics

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Financial contracting, decision rights, control rights

5.

Exit vs. Voice

Downloads 2,431 ( 9,917)
Citation 46

Exit vs. Voice

European Corporate Governance Institute – Finance Working Paper No. 694/2020
Number of pages: 58 Posted: 18 Aug 2020 Last Revised: 23 Nov 2021
Eleonora Broccardo, Oliver Hart and Luigi Zingales
University of Trento, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 1,666 (17,793)
Citation 42

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Exit, Voice, Social Responsibility, Divestment, Boycott, Engagement

Exit vs. Voice

Harvard Law School John M. Olin Center Discussion Paper # 1061
Number of pages: 54 Posted: 28 Aug 2020 Last Revised: 24 Jun 2022
Eleonora Broccardo, Oliver Hart and Luigi Zingales
University of Trento, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 706 (60,856)

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Exit, Voice, Social Responsibility, Divestment, Boycott, Engagement

Exit vs. Voice

NBER Working Paper No. w27710
Number of pages: 50 Posted: 25 Aug 2020 Last Revised: 20 Mar 2022
Eleonora Broccardo, Oliver Hart and Luigi Zingales
University of Trento, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 58 (605,565)

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Exit vs. Voice

CEPR Discussion Paper No. DP15176
Number of pages: 52 Posted: 12 Sep 2020
Eleonora Broccardo, Oliver Hart and Luigi Zingales
University of Trento, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 1 (1,064,027)
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Boycott, Divestment, engagement, exit, Social Responsibility, voice

6.

A Theory of Firm Scope

Downloads 2,100 (12,611)
Citation 106

A Theory of Firm Scope

Number of pages: 44 Posted: 18 Dec 2002
Oliver Hart and Bengt R. Holmström
Harvard University - Department of Economics and Massachusetts Institute of Technology (MIT) - Department of Economics
Downloads 1,974 (13,632)
Citation 88

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A Theory of Firm Scope

NBER Working Paper No. w14613
Number of pages: 37 Posted: 15 Jan 2009 Last Revised: 07 Dec 2022
Oliver Hart and Bengt R. Holmström
Harvard University - Department of Economics and Massachusetts Institute of Technology (MIT) - Department of Economics
Downloads 126 (370,797)

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7.

Different Approaches to Bankruptcy

Downloads 1,949 (14,186)
Citation 8

Different Approaches to Bankruptcy

Number of pages: 21 Posted: 29 Oct 2000
Oliver Hart
Harvard University - Department of Economics
Downloads 1,788 (15,921)
Citation 10

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Different Approaches to Bankruptcy

NBER Working Paper No. w7921
Number of pages: 20 Posted: 26 Sep 2000 Last Revised: 25 Aug 2022
Oliver Hart
Harvard University - Department of Economics
Downloads 161 (304,212)

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8.

Norms and the Theory of the Firm

Downloads 1,704 (17,484)
Citation 2

Norms and the Theory of the Firm

Number of pages: 20 Posted: 08 May 2001
Oliver Hart
Harvard University - Department of Economics
Downloads 1,600 (18,887)
Citation 2

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Contracts, theory of the firm

Norms and the Theory of the Firm

NBER Working Paper No. w8286
Number of pages: 25 Posted: 11 May 2001 Last Revised: 24 Aug 2022
Oliver Hart
Harvard University - Department of Economics
Downloads 104 (427,320)

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Norms and the Theory of the Firm

Posted: 14 May 2001
Oliver Hart
Harvard University - Department of Economics

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Contracts, theory of the firm

9.

A New Capital Regulation for Large Financial Institutions

Downloads 1,217 (28,993)
Citation 75

A New Capital Regulation for Large Financial Institutions

FEEM Working Paper No. 124.2009
Number of pages: 46 Posted: 11 Jan 2010
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 748 (56,299)
Citation 35

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Banks, Capital Requirement, Too Big to Fail

A New Capital Regulation for Large Financial Institutions

Chicago Booth Research Paper No. 09-36
Number of pages: 41 Posted: 02 Oct 2009
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 454 (105,764)
Citation 53

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A New Capital Regulation for Large Financial Institutions

CEPR Discussion Paper No. DP7298
Number of pages: 30 Posted: 15 Jul 2009
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 15 (929,432)
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banks, Capital requirement, too big to fail

10.

Incomplete Contracts and Public Ownership: Remarks, and an Application to Public-Private Partnerships

Downloads 1,049 (35,822)

Incomplete Contracts and Public Ownership: Remarks, and an Application to Public-Private Partnerships

Number of pages: 17 Posted: 12 Jun 2003
Oliver Hart
Harvard University - Department of Economics
Downloads 1,049 (35,298)
Citation 311

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public-private partnerships, ownership, incomplete contracts

Incomplete Contracts and Public Ownership: Remarks, and an Application to Public-Private Partnerships

Posted: 12 Jun 2003
Oliver Hart
Harvard University - Department of Economics

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public-private partnerships, ownership, incomplete contracts

11.

Theories of Optimal Capital Structure: A Managerial Discretion Perspective

Number of pages: 35 Posted: 27 Apr 2000
Oliver Hart
Harvard University - Department of Economics
Downloads 1,014 (37,583)
Citation 3

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12.

Debt Enforcement Around the World

Downloads 987 (39,045)
Citation 174

Debt Enforcement Around the World

ECGI - Finance Working Paper No. 147/2007
Number of pages: 69 Posted: 21 Dec 2006
Simeon Djankov, Oliver Hart, Caralee McLiesh and Andrei Shleifer
London School of Economics & Political Science (LSE), Harvard University - Department of Economics, World Bank - International Finance Corporation (IFC) and Harvard University - Department of Economics
Downloads 836 (48,481)
Citation 18

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bankruptcy, legal origins

Debt Enforcement Around the World

NBER Working Paper No. w12807
Number of pages: 65 Posted: 05 Jan 2007 Last Revised: 31 Dec 2022
Simeon Djankov, Oliver Hart, Caralee McLiesh and Andrei Shleifer
London School of Economics & Political Science (LSE), Harvard University - Department of Economics, World Bank - International Finance Corporation (IFC) and Harvard University - Department of Economics
Downloads 151 (321,326)
Citation 117

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13.

Contracts as Reference Points

Downloads 899 (44,487)
Citation 71

Contracts as Reference Points

Number of pages: 66 Posted: 14 Nov 2006
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 560 (81,800)
Citation 6

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contracts, reference points, entitlements, aggrievement

Contracts as Reference Points

Harvard Law and Economics Discussion Paper No. 572
Number of pages: 66 Posted: 12 Jan 2007
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 269 (188,502)
Citation 53

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Contracts as Reference Points

NBER Working Paper No. w12706
Number of pages: 66 Posted: 20 Nov 2006 Last Revised: 21 Sep 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 70 (548,390)
Citation 2

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14.

On the Design of Hierarchies: Coordination Versus Specialization

Downloads 876 (46,099)
Citation 78

On the Design of Hierarchies: Coordination Versus Specialization

Number of pages: 53 Posted: 27 Jul 2000
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 706 (60,856)
Citation 3

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On the Design of Hierarchies: Coordination Versus Specialization

LSE STICERD Research Paper No. TE375
Number of pages: 55 Posted: 16 Jul 2008
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 90 (471,244)
Citation 2

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On the Design of Hierarchies: Coordination Versus Specialization

NBER Working Paper No. w7388
Number of pages: 57 Posted: 21 Oct 1999 Last Revised: 11 Mar 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 80 (507,170)
Citation 6

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On the Design of Hierarchies: Coordination Versus Specialization

Journal of Political Economy, Vol. 113, pp. 675-702, August 2005
Posted: 09 Aug 2005
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics

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15.

Agreeing Now to Agree Later: Contracts that Rule Out But Do Not Rule in

Downloads 803 (52,011)
Citation 3

Agreeing Now to Agree Later: Contracts that Rule Out But Do Not Rule in

Number of pages: 56 Posted: 21 Mar 2004
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 656 (67,073)
Citation 2

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agreements to agree, ruling out but not ruling in, bargaining, ex post inefficiency

Agreeing Now to Agree Later: Contracts that Rule Out But Do Not Rule in

LSE STICERD Research Paper No. TE472
Number of pages: 47 Posted: 16 Jul 2008
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 84 (492,347)

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Agreeing Now to Agree Later: Contracts that Rule Out But Do Not Rule in

NBER Working Paper No. w10397
Number of pages: 55 Posted: 09 Apr 2004 Last Revised: 30 Nov 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 63 (580,726)

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16.

Corporate Financial Structure and Managerial Incentives

Number of pages: 34 Posted: 18 Aug 2004
Sanford J. Grossman and Oliver Hart
University of Pennsylvania - Finance Department and Harvard University - Department of Economics
Downloads 681 (64,687)
Citation 134

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17.

Private Sanctions

Downloads 580 (79,190)

Private Sanctions

George J. Stigler Center for the Study of the Economy & the State Working Paper No. 323, European Corporate Governance Institute – Finance Working Paper No. 866/2023, MIT Sloan Research Paper No. 6880-22
Number of pages: 81 Posted: 20 Oct 2022 Last Revised: 08 Aug 2023
Oliver Hart, David Thesmar and Luigi Zingales
Harvard University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 462 (103,607)

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economic sanctions, business objectives of the firm, Ukranian invasion

Private Sanctions

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2022-164, MIT Sloan Research Paper No. 6880-22
Number of pages: 63 Posted: 03 Jan 2023 Last Revised: 17 May 2023
Oliver Hart, David Thesmar and Luigi Zingales
Harvard University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 84 (492,347)

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Private Sanctions

The Harvard John M. Olin Discussion Paper No. 1095, Harvard Law School Program on Corporate Governance Discussion Paper No. 2023-4
Number of pages: 82 Posted: 23 Aug 2023
Oliver Hart, David Thesmar and Luigi Zingales
Harvard University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 22 (860,268)

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Private Sanctions

NBER Working Paper No. w30728
Number of pages: 62 Posted: 12 Dec 2022 Last Revised: 18 Jun 2023
Oliver Hart, David Thesmar and Luigi Zingales
Harvard University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 12 (960,714)
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18.

Making the Case for Contract Theory

American Economic Association, Ten Years and Beyond: Economists Answer NSF's Call for Long-Term Research Agendas
Number of pages: 4 Posted: 12 Aug 2011
Oliver Hart
Harvard University - Department of Economics
Downloads 514 (92,018)

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19.

Foundations of Incomplete Contracts

Downloads 507 (93,605)
Citation 206

Foundations of Incomplete Contracts

LSE STICERD Research Paper No. TE358
Number of pages: 52 Posted: 16 Jul 2008
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 310 (162,453)
Citation 37

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Foundations of Incomplete Contracts

NBER Working Paper No. w6726
Number of pages: 50 Posted: 30 Aug 2000 Last Revised: 19 Nov 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 197 (254,643)

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Foundations of Incomplete Contracts

Posted: 09 Sep 1998
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics

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20.

One Share/One Vote and the Market for Corporate Control

NBER Working Paper No. w2347
Number of pages: 59 Posted: 26 Mar 2007 Last Revised: 02 Dec 2022
Sanford J. Grossman and Oliver Hart
University of Pennsylvania - Finance Department and Harvard University - Department of Economics
Downloads 423 (115,992)
Citation 23

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21.

Inefficient Provision of Liquidity

Downloads 379 (131,656)
Citation 1

Inefficient Provision of Liquidity

Chicago Booth Research Paper No. 11-27
Number of pages: 39 Posted: 01 Aug 2011
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 335 (149,616)

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liquidity, money, banking

Inefficient Provision of Liquidity

NBER Working Paper No. w17299
Number of pages: 39 Posted: 28 Aug 2011 Last Revised: 09 Apr 2023
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 44 (687,151)
Citation 1

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22.

Cooperatives vs. Outside Ownership

Downloads 359 (139,821)
Citation 10

Cooperatives vs. Outside Ownership

NBER Working Paper No. w6421
Number of pages: 55 Posted: 04 Aug 2000 Last Revised: 20 Jul 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 203 (247,700)

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Cooperatives Vs. Outside Ownership

LSE STICERD Research Paper No. TE346
Number of pages: 56 Posted: 16 Jul 2008
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 156 (312,522)
Citation 8

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Cooperatives vs. Outside Ownership

Posted: 20 Jul 1998
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics

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23.

Banks Are Where the Liquidity Is

Downloads 302 (168,122)
Citation 3

Banks Are Where the Liquidity Is

Chicago Booth Research Paper No. 14-27, Fama-Miller Working Paper
Number of pages: 41 Posted: 26 Jul 2014
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 246 (206,146)
Citation 4

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liquidity, bailout, banking

Banks are Where the Liquidity is

NBER Working Paper No. w20207
Number of pages: 41 Posted: 16 Jun 2014 Last Revised: 20 Mar 2022
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 54 (627,245)

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Banks are Where the Liquidity is

CEPR Discussion Paper No. DP10017
Number of pages: 36 Posted: 25 Sep 2014
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
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bailout, banking, Liquidity

24.

Contracts as Reference Points: Experimental Evidence

Downloads 285 (178,672)
Citation 67

Contracts as Reference Points: Experimental Evidence

IZA Discussion Paper No. 3889
Number of pages: 41 Posted: 22 Dec 2008
Ernst Fehr, Oliver Hart and Christian Zehnder
University of Zurich - Department of Economics, Harvard University - Department of Economics and University of Lausanne
Downloads 132 (357,827)
Citation 32

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contracts, reference points, experiment

Contracts as Reference Points - Experimental Evidence

Number of pages: 40 Posted: 12 Mar 2009
Ernst Fehr, Oliver Hart and Christian Zehnder
University of Zurich - Department of Economics, Harvard University - Department of Economics and University of Lausanne
Downloads 79 (510,980)
Citation 42

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Contracts, Reference Points, Experiment

Contracts as Reference Points - Experimental Evidence

NBER Working Paper No. w14501
Number of pages: 40 Posted: 25 Nov 2008 Last Revised: 17 Aug 2022
Ernst Fehr, Oliver Hart and Christian Zehnder
University of Zurich - Department of Economics, Harvard University - Department of Economics and University of Lausanne
Downloads 74 (531,260)

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25.

The Proper Scope of Government: Theory and an Application to Prisons

Downloads 237 (214,524)
Citation 46

The Proper Scope of Government: Theory and an Application to Prisons

NBER Working Paper No. w5744
Number of pages: 58 Posted: 08 Jan 1997 Last Revised: 12 Sep 2022
Oliver Hart, Andrei Shleifer and Robert W. Vishny
Harvard University - Department of Economics, Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 237 (213,754)
Citation 46

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The Proper Scope of Government: Theory and an Application to Prisons

Quarterly Journal of Economics, Vol. 112, No. 4, November 1997
Posted: 28 Apr 1998
Oliver Hart, Andrei Shleifer and Robert W. Vishny
Harvard University - Department of Economics, Harvard University - Department of Economics and University of Chicago - Booth School of Business

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26.

A Theory of Debt Based on the Inalienability of Human Capital

NBER Working Paper No. w3906
Number of pages: 62 Posted: 28 Dec 2006 Last Revised: 06 Mar 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 225 (225,638)
Citation 103

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27.

How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?

Downloads 220 (230,492)
Citation 23

How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?

University of Zurich Department of Economics Working Paper No. 43
Number of pages: 55 Posted: 02 Feb 2012
Ernst Fehr, Oliver Hart and Christian Zehnder
University of Zurich - Department of Economics, Harvard University - Department of Economics and University of Lausanne
Downloads 70 (548,390)
Citation 4

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Contractual reference points, informal agreements, renegotiation, experiment

How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?

Number of pages: 54 Posted: 22 Dec 2011
Ernst Fehr, Oliver Hart and Christian Zehnder
University of Zurich - Department of Economics, Harvard University - Department of Economics and University of Lausanne
Downloads 64 (576,009)
Citation 1

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Incomplete Contracts, Contractual Reference Points, Renegotiation, Informal Agreements, Laboratory Experiment

How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?

NBER Working Paper No. w17545
Number of pages: 55 Posted: 29 Oct 2011 Last Revised: 11 Jun 2023
Ernst Fehr, Oliver Hart and Christian Zehnder
University of Zurich - Department of Economics, Harvard University - Department of Economics and University of Lausanne
Downloads 53 (632,853)

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How Do Informal Agreements and Renegotiation Shape Contractual Reference Points?

IZA Discussion Paper No. 6095
Number of pages: 56 Posted: 13 Nov 2011
Ernst Fehr, Oliver Hart and Christian Zehnder
University of Zurich - Department of Economics, Harvard University - Department of Economics and University of Lausanne
Downloads 33 (765,988)
Citation 1

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contracts, reference points, fairness, renegotiation, informal agreement

28.

The Economics of Bankruptcy Reform

NBER Working Paper No. w4097
Number of pages: 60 Posted: 07 Jul 2004 Last Revised: 12 Sep 2022
Philippe Aghion, Oliver Hart and John Moore
College de France and London School of Economics and Political Science, Fellow, Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 216 (235,478)
Citation 17

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29.

A New Capital Requirement for Large Financial Institutions

Number of pages: 40 Posted: 17 Mar 2010
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 210 (240,567)
Citation 1

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Capital requirements, banking, CDS

30.

Continuing Contracts

Number of pages: 32 Posted: 03 Sep 2016
Maija Halonen-Akatwijuka and Oliver Hart
University of Bristol - Leverhulme Centre for Market and Public Organisation (CMPO) and Harvard University - Department of Economics
Downloads 191 (262,249)
Citation 1

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short‐term, long‐term, continuing contracts, fairness, good faith bargaining, for‐cause, at-will

31.

Overcoming Contractual Incompleteness: The Role of Guiding Principles

Downloads 165 (297,920)
Citation 2

Overcoming Contractual Incompleteness: The Role of Guiding Principles

Forthcoming, Journal of Law, Economics and Organization, https://scholar.harvard.edu/hart/publications/overcoming-contractual-incompleteness-role-guiding-principals
Number of pages: 60 Posted: 29 Dec 2022
David Frydlinger and Oliver Hart
Cirio Law Firm and Harvard University - Department of Economics
Downloads 121 (382,473)

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incomplete contracts, guiding principles, communication, aggrievement, shading, loyalty, equity

Overcoming Contractual Incompleteness: The Role of Guiding Principles

NBER Working Paper No. w26245
Number of pages: 38 Posted: 09 Sep 2019 Last Revised: 19 Mar 2023
David Frydlinger and Oliver Hart
Cirio Law Firm and Harvard University - Department of Economics
Downloads 44 (687,151)

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32.

A Theory of Corporate Financial Structure Based on the Seniority of Claims

NBER Working Paper No. w3431
Number of pages: 60 Posted: 03 Feb 2001 Last Revised: 18 Nov 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 136 (348,774)
Citation 2

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33.

Default and Renegotiation: A Dynamic Model of Debt

Downloads 124 (373,926)

Default and Renegotiation: A Dynamic Model of Debt

NBER Working Paper No. w5907
Number of pages: 58 Posted: 07 Aug 2000 Last Revised: 24 Aug 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 124 (375,310)
Citation 67

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Default and Renegotiation: A Dynamic Model of Debt

Posted: 07 Mar 1997
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics

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34.

Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management

NBER Working Paper No. w4886
Number of pages: 56 Posted: 09 Nov 2011 Last Revised: 09 Nov 2022
Oliver Hart and John Moore
Harvard University - Department of Economics and University of Edinburgh - Economics
Downloads 121 (380,866)
Citation 53

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35.

A New Bankruptcy Procedure that Uses Multiple Auctions

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A New Bankruptcy Procedure that Uses Multiple Auctions

NBER Working Paper No. w6278
Number of pages: 21 Posted: 08 Jul 2000 Last Revised: 27 Feb 2022
Oliver Hart, Robert W. Drago, Florencio Lopez-de-Silanes and John Moore
Harvard University - Department of Economics, Pennsylvania State University - Department of Labor Studies and Industrial Relations, SKEMA Business School and University of Edinburgh - Economics
Downloads 114 (399,554)
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A New Bankruptcy Procedure that Uses Multiple Auctions

European Economic Review, 1997.
Posted: 25 Sep 1997
Oliver Hart, Florencio Lopez-de-Silanes and John Moore
Harvard University - Department of Economics, SKEMA Business School and University of Edinburgh - Economics

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36.

Regulation and Sarbanes-Oxley

Number of pages: 9 Posted: 29 Apr 2009
Oliver Hart
Harvard University - Department of Economics
Downloads 88 (473,799)
Citation 8

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37.

Reference Points and the Theory of the Firm

NBER Working Paper No. w13481
Number of pages: 17 Posted: 15 Oct 2007 Last Revised: 03 Nov 2022
Oliver Hart
Harvard University - Department of Economics
Downloads 81 (498,136)

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38.

More is Less: Why Parties May Deliberately Write Incomplete Contracts

NBER Working Paper No. w19001
Number of pages: 28 Posted: 28 Apr 2013 Last Revised: 03 Jun 2023
Maija Halonen-Akatwijuka and Oliver Hart
University of Bristol - Leverhulme Centre for Market and Public Organisation (CMPO) and Harvard University - Department of Economics
Downloads 79 (505,461)
Citation 3

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39.

Hold-Up, Asset Ownership, and Reference Points

NBER Working Paper No. w13540
Number of pages: 43 Posted: 24 Oct 2007 Last Revised: 01 Jan 2023
Oliver Hart
Harvard University - Department of Economics
Downloads 70 (541,094)
Citation 14

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40.

Takeover Bids Versus Proxy Fights in Contests for Corporate Control

Number of pages: 43 Posted: 11 Dec 2001
Lucian A. Bebchuk and Oliver Hart
Harvard Law School and Harvard University - Department of Economics
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Corporate governance, corporate control, takeovers, proxy contests, mergers and acquisitions

41.

Unemployment with Observable Aggregate Shocks

NBER Working Paper No. w0975
Number of pages: 52 Posted: 05 Jul 2004 Last Revised: 02 Sep 2022
Sanford J. Grossman, Oliver Hart and Eric Maskin
University of Pennsylvania - Finance Department, Harvard University - Department of Economics and Princeton University - Department of Economics
Downloads 63 (571,744)
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42.

Tax Shelters or Efficient Tax Planning? a Theory of the Firm Perspective on the Economic Substance Doctrine

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Tax Shelters or Efficient Tax Planning? a Theory of the Firm Perspective on the Economic Substance Doctrine

NBER Working Paper No. w19081
Number of pages: 35 Posted: 31 May 2013 Last Revised: 20 Feb 2022
T. Christopher Borek, Angelo Frattarelli and Oliver Hart
Analysis Group, Inc., United States Department of Justice and Harvard University - Department of Economics
Downloads 61 (590,343)
Citation 22

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Tax Shelters or Efficient Tax Planning? A Theory of the Firm Perspective on the Economic Substance Doctrine

Posted: 30 May 2013
T. Christopher Borek, Angelo Frattarelli and Oliver Hart
Analysis Group, Inc., United States Department of Justice and Harvard University - Department of Economics

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43.

Short-Term, Long-Term, and Continuing Contracts

NBER Working Paper No. w21005
Number of pages: 32 Posted: 09 Mar 2015 Last Revised: 25 May 2023
Maija Halonen-Akatwijuka and Oliver Hart
University of Bristol - Leverhulme Centre for Market and Public Organisation (CMPO) and Harvard University - Department of Economics
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44.

Liquidity and Inefficient Investment

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Citation 6

Liquidity and Inefficient Investment

NBER Working Paper No. w19184
Number of pages: 37 Posted: 29 Jun 2013 Last Revised: 03 Jun 2023
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
Downloads 42 (700,556)
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Liquidity and Inefficient Investment

CEPR Discussion Paper No. DP9537
Number of pages: 38 Posted: 09 Jul 2013
Oliver Hart and Luigi Zingales
Harvard University - Department of Economics and University of Chicago - Booth School of Business
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aggregate shocks, fiscal policy, liquidity, nonpledgeability, pecuniary externalities

45.

Noncontractible Investments and Reference Points

NBER Working Paper No. w16929
Number of pages: 27 Posted: 11 Apr 2011 Last Revised: 05 Apr 2023
Oliver Hart
Harvard University - Department of Economics
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