Adam M. Guren ’08, a current economics Ph.D. student and former Crimson editorial chair, wrote in an e-mail to the Crimson that, “Bottom Line: Everyone here at Harvard thought that Oliver Hart, who is at Harvard, would and should win with Oliver Williamson, and people are really disappointed that he was not recognized.”

“[It is] to me somewhat surprising that Hart was not among the winners,” Aghion said.

Hart declined to comment on the selection committee’s decision.

This will be the twelfth consecutive year that Harvard has not been represented among the Economic Sciences category winners of the Nobel Prize since Professor Robert C. Merton won the prize in 1997.

Some of the more recent winners undertook their research at Harvard before receiving their prize while at other institutions.