Optimal stationary contract with two-sided imperfect enforcement and persistent adverse selection
Year of publication: |
October 2017
|
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Authors: | Martimort, David ; Semenov, Aggey ; Stole, Lars A. |
Published in: |
Economics letters. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1765, ZDB-ID 717210-2. - Vol. 159.2017, p. 18-22
|
Subject: | Contract enforcement | Optimal control | Adverse selection | Stationary contract | Adverse Selektion | Vertrag | Contract | Vertragstheorie | Contract theory | Rechtsdurchsetzung | Law enforcement | Prinzipal-Agent-Theorie | Agency theory | Asymmetrische Information | Asymmetric information |
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