Narrow search
Showing 1 - 2 of 2
Cover Image
Wealth effects and agency costs
Chade, Hector; Vera de Serio, Virginia N. - In: Games and Economic Behavior 86 (2014) C, pp. 1-11
We analyze how the agent's initial wealth affects the principal's expected profits in the standard principal–agent model with moral hazard.
Persistent link: https://www.econbiz.de/10010785193
Cover Image
Folk theorems in overlapping generations games
Smith, Lones - In: Games and Economic Behavior 4 (1992) 3, pp. 426-449
Persistent link: https://www.econbiz.de/10005408829