What Economists Know That Managers Don’t (and Vice Versa)
Harvard Business Review
NOVEMBER 6, 2014
Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. In this worldview, disasters only happen because the rules of the game in which the businesses operate must be flawed. Why did Jean Tirole win the Nobel Prize in Economics?