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On the Optimal Use of Correlated Information in Contractual Design Under Limited Liability
Danau, Daniel - 2018
Riordan and Sappington (JET, 1988) show that in an agency relationship in which the agent's type is correlated with a public ex post signal, the principal may attain first best (full surplus extraction and efficient output levels) if the agent is faced with a lottery such that each type is...
Persistent link: https://www.econbiz.de/10012917515
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Sequential screening with privately known characteristics of cost distribution
Danau, Daniel; Vinella, Annalisa - 2015
Persistent link: https://www.econbiz.de/10011303061
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On the optimal use of correlated information in contractual design under limited liability
Danau, Daniel; Vinella, Annalisa - 2016
Persistent link: https://www.econbiz.de/10011712933
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On the optimal use of correlated information in contractual design under limited liability
Danau, Daniel; Vinella, Annalisa - 2018
Riordan and Sappington (JET, 1988) show that in an agency relationship in which the agent's type is correlated with a public ex post signal, the principal may attain first best (full surplus extraction and efficient output levels) if the agent is faced with a lottery such that each type is...
Persistent link: https://www.econbiz.de/10011822030
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A note on optimal contracting with public ex post information under limited liability
Danau, Daniel; Vinella, Annalisa - In: International journal of game theory : official journal … 49 (2020) 1, pp. 47-74
Persistent link: https://www.econbiz.de/10012591394