CONTENT ARTICLES IN ECONOMICS - A Graphical Approach to the Standard Principal-Agent Model - The author provides a graphical approach to the standard principal-agent model. This approach provides students with the intuition for analyzing the principal-agent problem by characterizing equilibrium in the contract space defined by the incentive parameter and insurance component of pay under a linear ...
| Year of publication: |
2002
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| Authors: | Zhou, Xianming |
| Published in: |
The journal of economic education. - Philadelphia, Pa : Routledge, ISSN 0022-0485, ZDB-ID 4105357. - Vol. 33.2002, 3, p. 265-276
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