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  • Search: subject:"ex-ante randomization"
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Year of publication
Subject
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ex-ante randomization 2 Hidden action 1 Job design 1 moral hazard 1 multi-task agency 1 ¯rst{best 1
Online availability
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Free 2
Type of publication
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Book / Working Paper 2
Language
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Undetermined 2
Author
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Ewerhart, Christian 1 Köhler, Wolfgang R. 1 Nitzsche, Christoph 1
Institution
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Institut für Volkswirtschaftslehre, Wirtschaftswissenschaftliche Fakutät 2
Published in...
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IEW - Working Papers 2
Source
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RePEc 2
Showing 1 - 2 of 2
Cover Image
Job design and randomization in principal agent models
Köhler, Wolfgang R. - Institut für Volkswirtschaftslehre, … - 2008
We analyze task allocation and randomization in Principal Agent models. We identify a new rationale that determines the allocation of tasks and show that it can be optimal to assign tasks that are very different to one agent. Similar to randomization, the reason to assign several tasks to one...
Persistent link: https://www.econbiz.de/10005040816
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Cover Image
: On the Notion of the First Best in Standard Hidden Action Problems
Ewerhart, Christian; Nitzsche, Christoph - Institut für Volkswirtschaftslehre, …
It is well known that ex-ante randomization can improve upon second best contracts in principal-agent problems. In this …
Persistent link: https://www.econbiz.de/10005627908
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