Showing 1 - 10 of 11
The incentives for an advisor first to diligently perform research and second to accurately report her results are investigated in a model of optimal contracting. To motivate the advisor to collect and analyze the relevant data, her compensation must include a contingent component that depends...
Persistent link: https://www.econbiz.de/10012898521
Persistent link: https://www.econbiz.de/10013186838
Persistent link: https://www.econbiz.de/10000834045
Persistent link: https://www.econbiz.de/10002110791
We use the theory of abstract convexity to study adverse-selection principal-agent problems and two-sided matching problems, departing from much of the literature by not requiring quasilinear utility. We formulate and characterize a basic underlying implementation duality. We show how this...
Persistent link: https://www.econbiz.de/10010499578
Persistent link: https://www.econbiz.de/10010503462
Persistent link: https://www.econbiz.de/10003229316
Persistent link: https://www.econbiz.de/10011570940
Persistent link: https://www.econbiz.de/10003480278
Persistent link: https://www.econbiz.de/10014062837