Search Results - subject:"Agent Model"

Imhof, Lorens; Kräkel, Matthias - In: Management science : journal of the Institute for … 69 (2023) 4, pp. 2497-2516

Persistent link: https://www.econbiz.de/10014305421

Political corruption in the execution of public contracts

Chiappinelli, Olga - In: Journal of Economic Behavior & Organization 179 (2020), pp. 116-140

This paper presents a novel theoretical framework to explain the occurrence of corruption in public procurement. It extends the agency cost-padding model by Laffont and Tirole (1992) to allow for the principal to be a partially selfish politician who can design the contract auditing policy. It...

Persistent link: https://www.econbiz.de/10014339238

Discrete-time dynamic principal-agent models: Contraction mapping theorem and computational treatment

Renner, Philipp; Schmedders, Karl - In: Quantitative Economics 11 (2020) 4, pp. 1215-1251

the policy and value functions for the dynamic principal-agent model. We illustrate our solution method by solving …

Persistent link: https://www.econbiz.de/10013189721

Understanding cross-country differences in health status and expenditures

Fonseca, Raquel; Langot, François; Michaud, Pierre-Carl; … - 2020

Using a general equilibrium heterogeneous agent model featuring health production, we quantify the relative …

Persistent link: https://www.econbiz.de/10012542509

Pandemic recessions and contact tracing

Melosi, Leonardo; Rottner, Matthias - 2020

We study contact tracing in a new macro-epidemiological model in which infected agents may not show any symptoms of the disease and the availability of tests to detect these asymptomatic spreaders of the virus is limited. Contact tracing is a testing strategy aiming at reconstructing the...

Persistent link: https://www.econbiz.de/10012653029