CBS Boston reports on Prof. Emeritus Rainer Weiss winning the Nobel Prize in Physics for his work detecting gravitational waves. “It’s quite awe-inspiring to think that somehow the three of us got mixed up with a prize that was won by the giants of this science,” said Weiss of his emotions upon winning the award. “It’s amazing.”
Guardian reporter Hannah Devlin writes that this year’s Nobel Prize in Physics has been awarded to Prof. Emeritus Rainer Weiss. Weiss said the successful detection of gravitational waves was the culmination of “40 years of people thinking about this, trying to make detections, sometimes failing … and then slowly but surely getting the technology together to be able do it.”
Prof. Emeritus Rainer Weiss has won the 2017 Nobel Prize in Physics for his work developing a device that detects gravitational waves, reports the AP. Weiss said that he views the prize as recognition for the entire LIGO team, and “more as a thing that recognizes the work of a thousand people."
Boston Globe reporters Sean Smyth, John Ellement and Eric Moskowitz report that Prof. Emeritus Rainer Weiss was honored with the 2017 Nobel Prize in Physics. Weiss explained that LIGO has helped change, “the way you look at the way you fit into the universe. It makes you understand what’s going on all around us in the vastness of the universe.”
Prof. Emeritus Rainer Weiss has been awarded the 2017 Nobel Prize in Physics for his work successfully detecting gravitational waves, reports Dennis Overbye for The New York Times. Weiss explained that thanks to LIGO, which is helping usher in a new era of astronomy, “many of us really expect to learn about things we didn’t know about.”
NPR’s Steve Inskeep notes that in a 2010 episode of “The Simpsons” Milhouse van Houten predicts that Prof. Bengt Holmström will win a Nobel Prize in economics. Inskeep jokes that Milhouse was a visionary, who “knew way before the rest of the world that MIT's Bengt Holmström had genius in him.”
Nobel laureate Prof. Bengt Holmström speaks with NPR’s Steve Inskeep about the importance of incentives. Holmström recounts becoming interested in incentives while working at a multinational conglomerate after realizing computers could not “replace a lot of what the human mind is thinking,” adding that incentives are how “you influence people’s behavior.”
In an article for The Boston Globe, Steve Annear notes that during an episode of “The Simpsons” Milhouse Van Houten predicts that MIT Prof. Bengt Holmström will win a Nobel prize in economics. Annear writes that “Milhouse’s prediction was spot on — but a few years too early. On Monday, Holmström finally earned his due.”
Charles Duxbury and Mike Bird write for The Wall Street Journal that Prof. Bengt Holmström is one of the recipients of the 2016 Nobel Prize in economics. Holmström was honored, in part, for developing a model that examines “how pay should be linked to performance and how an optimal contract carefully weighs risks against incentives.”
Prof. Bengt Holmström received the Nobel Prize in economics for his research on contract theory, writes Chris Giles for the Financial Times. Holmström, who said he was “dazed … very surprised and very happy” about winning the award, found “an optimal contract should link payments to outcomes that reveal the performance of either party to a contract.”
Lisa Mullins of WBUR’s All Things Considered speaks with Prof. Bengt Holmström about winning the Nobel Prize in economics for his work examining how contracts motivate and affect people’s behavior. Holmström explains, “incentives are not just about paying people, it is also about job design.”
Prof. Bengt Holmström and Harvard Prof. Oliver Hart were awarded the Noel Prize in economics for their work on how to design better contracts, Deirdre Fernandes and Hiawatha Bray report for The Boston Globe. “Bengt and Oliver’s research has not only helped us to better understand incentives and institutions, it has helped us design better ones,” explains Prof. James Poterba.
Jeff Guo writes for The Washington Post about Prof. Bengt Holmström, one of the recipients of this year’s Nobel Prize in economics. “It’s just such a richly deserved prize,” said Glenn Ellison, head of MIT’s economics department. “Bengt’s work is outstanding both for answering really important questions, and for how beautifully crafted it is mathematically.”
Associated Press reporter Karl Ritter writes that Prof. Bengt Holmström has been honored with the Nobel Prize in economics. ‘‘I certainly did not expect it, at least at this time, so I was very surprised and very happy, of course,’’ Holmström said.
Prof. Bengt Holmström won the Nobel Economics Prize for his work on contract theory, Daniel Dickson and Ross Kerber report for Reuters. "This theory has really been incredibly important, not just for economics, but also for other social sciences," said Prof. Per Stromberg, a member of the prize committee.