Bengt Robert Holmström (born 18 April 1949 in Helsinki) is the Paul A. Samuelson

Paul Samuelson

Paul Anthony Samuelson was an American economist, and the first American to win the Nobel Memorial Prize in Economic Sciences. The Swedish Royal Academies stated, when awarding the prize, that he "has done more than any other contemporary economist to raise the level of scientific analysis in...

 Professor of Economics at M.I.T.  He is a Finnish citizen

Finland

Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

 and belongs to the Swedish speaking minority in Finland

Finland-Swedes

Swedish-speaking Finns constitute a linguistic minority in Finland. They maintain a strong identity and are alternatively seen either as a distinct subgroup of the Finnish people or as a separate ethnic group or even as a distinct nationality...

.

Holmström received his B.S. in math and science from University of Helsinki

University of Helsinki

The University of Helsinki is a university located in Helsinki, Finland since 1829, but was founded in the city of Turku in 1640 as The Royal Academy of Turku, at that time part of the Swedish Empire. It is the oldest and largest university in Finland with the widest range of disciplines available...

, a Master of Science degree in Operations Research

Operations research

Operations research is an interdisciplinary mathematical science that focuses on the effective use of technology by organizations...

 from Stanford University in 1975, and his Ph.D.

Ph.D.

A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...

 from the Graduate School of Business

Stanford Graduate School of Business

The Stanford Graduate School of Business is one of the professional schools of Stanford University, in Stanford, California and is broadly regarded as one of the best business schools in the world.The Stanford GSB offers a general management Master of Business Administration degree, the Sloan...

 at Stanford University

Stanford University

The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...

. He has been on the faculty of M.I.T. since 1994.

He is particularly famous for his work on incentives under asymmetric information.

Holmström has been a member of Nokia Corporation

Nokia

Nokia Corporation is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki...

's board of directors

Board of directors

A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 since 1999. He is a member of the Board of the Aalto University

Aalto University

Aalto University is a Finnish university established on January 1, 2010, by the merger of the Helsinki University of Technology, the Helsinki School of Economics, and the University of Art and Design Helsinki....

. He is also a foreign member of the Royal Swedish Academy of Sciences

Royal Swedish Academy of Sciences

The Royal Swedish Academy of Sciences or Kungliga Vetenskapsakademien is one of the Royal Academies of Sweden. The Academy is an independent, non-governmental scientific organization which acts to promote the sciences, primarily the natural sciences and mathematics.The Academy was founded on 2...

since 2001.