Studying these cells could lead to new treatments for diseases ranging from gastrointestinal disease to diabetes.
Professor Bengt Holmstrom has been appointed to serve as head of the Department of Economics for a three-year term, which became effective July 1. Holmstrom, who also was recently appointed to a second term as the Paul A. Samuelson Professor of Economics, succeeds Professor Olivier Blanchard.
Holmstrom received the Ph.D. at Stanford University and joined MIT in 1994. He has a joint appointment in the Sloan School of Management. An economic theorist, he specializes in the economics of contracting and organization.
A version of this article appeared in MIT Tech Talk on September 24, 2003.