Showing 1 - 2 of 2
This paper analyses the qualitative properties of optimal contracts when agents have multiple priors and are uncertainty averse in an infinite state space framework. The case of the epsilon-contamination of a given prior, a basic tool in robustness theory is fully developped. It is shown that if...
Persistent link: https://www.econbiz.de/10011166453
Persistent link: https://www.econbiz.de/10006849565