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MIT: Bengt Holmström wins Nobel Prize in Economic Sciences


Bengt Holmström, an influential MIT economist and long-time faculty member, has been named a winner of the 2016 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, for his work on contract theory.

Tiangong-2 like Tiangong-1 is a test bed ahead of the planned launch of China’s permanent modular space station in 2022. Shenzhou 11’s mission as such will last around 30 days.