http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2016/popular-economicsciences2016.pdf
The fake Nobel Prize in Economics* was awarded to Oliver Hart and Bengt Holmstrom for their contributions to "contract theory."
*There is no such thing as a Nobel Prize in Economics. Sweden's central bank created this prize in the late 1960s supposedly in memory of Alfred Nobel. Each year, the Royal Swedish Academy of Sciences awards the "Sveriges Riksbanks Prize in Economic Sciences in Memory of Alfred Nobel."