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Oliver Hart to Give Raben Lecture on April 24, 2006

Oliver Hart, Andrew E. Furer Professor of Economics at Harvard University, will deliver the 2005-2006 John R. Raben Fellowship Lecture on Monday, April 24, 2006 at Yale Law School.

The title of Professor Hart's Lecture is "Partial Contracts." The lecture will take place at 4:30 p.m. in the Faculty Lounge followed by a reception in the Alumni Reading Room.

The following day, Tuesday, April 25, at 12:30 p.m., Professor Hart will hold a general discussion on the Law and Economics of Contracts and Organizations in the Faculty Lounge.

Oliver Hart is one of the world's most distinguished economic theorists working on the theory of the firm and organization, firm financial contracting, and contract theory. He received his B.A. in Mathematics from Cambridge University (Kings College) in 1969, his Masters at Warwick University in 1972, and a Ph.D. in Economics from Princeton University in 1974. He is the former Chair of the Department of Economics and currently the Andrew E. Furer Professor of Economics at Harvard University. He is also a Research Associate of the National Bureau of Economic Research.

Before arriving at Harvard he was a Professor at Massachusetts Institute of Technology (from 1985 to 1993), and at the London School of Economics (from 1981 to 1985).

Professor Hart's main research is on contract theory, the theory of the firm, and corporate finance. He holds honorary degrees from the Universities of Brussels and Basel and is a Fellow of the American Academy of Arts and Sciences and The British Academy. He is the author of Firms, Contracts, and Financial Structure (Oxford University, 1995) and numerous journal articles.

The John R. Raben Fellowship Lecture is one of two named lectures hosted by the Law School's Center for the Study of Corporate Law. The lecture brings to the Law School a leading expert in securities law or accounting for business enterprises, who delivers a public lecture at the School.

John R. Raben '39 was a partner of the Sullivan & Cromwell firm. He was counsel to investment banking and accounting firms and associations, including the Financial Accounting Standards Board, and counsel to the industry task force that helped draft the Securities Investor Protection Corporation Legislation. Upon his death in 1975, the fellowship was established in his honor at the Law School by Sullivan & Cromwell, and augmented by his friends.