Dam, Kaniska; Perez-Castrillo, David - In: Advances in Theoretical Economics 2 (2006) 1, pp. 1257-1257
We propose an agency model based on competitive markets in order to analyse an economy with several homogeneous principals and heterogeneous agents. We model the principal-agent economy as a two-sided matching game and characterise the set of stable outcomes (equilibria) of this market. In this...
