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Persistent link: https://www.econbiz.de/10011535664
Incentive contracts with multiple agents is a classical decentralized decision-making problem with asymmetric information. Contract design aims to incentivize noncooperative agents to act in the principal's interest over a planning horizon. We extend the single-agent incentive contract to a...
Persistent link: https://www.econbiz.de/10012901050
To cope with the uncertainty of labor supply from freelance/self-scheduling drivers, some ride-sourcing platforms recruit contractual drivers, who are paid a fixed salary for prespecified work schedules. This paper develops an aggregate modeling framework to examine the practicability of such a...
Persistent link: https://www.econbiz.de/10012827628