Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10010393995
We consider a game between a principal, an agent, and a monitor in which the principal would like to rely on messages by the monitor to target intervention against a misbehaving agent. The difficulty is that the agent can credibly threaten to retaliate against likely whistleblowers in the event...
Persistent link: https://www.econbiz.de/10013033647
We consider a game between a principal, an agent, and a monitor in which the principal would like to rely on messages by the monitor to target intervention against a misbehaving agent. The difficulty is that the agent can credibly threaten to retaliate against likely whistleblowers in the event...
Persistent link: https://www.econbiz.de/10013050290
We consider a game between a principal, an agent, and a monitor in which the principal would like to rely on messages by the monitor to target intervention against a misbehaving agent. The difficulty is that the agent can credibly threaten to retaliate against likely whistleblowers in the event...
Persistent link: https://www.econbiz.de/10012458351
"This paper characterizes the efficient sequential equilibrium when a government uses indirect control to exert its authority. We develop a dynamic principal-agent model in which a principal (a government) delegates the prevention of a disturbance-such as riots, protests, terrorism, crime, or...
Persistent link: https://www.econbiz.de/10003940143
Persistent link: https://www.econbiz.de/10009544346
This paper characterizes optimal policy when a government uses indirect control to exert its authority. We develop a dynamic principal-agent model in which a principal (a government) delegates the prevention of a disturbance - such as riots, protests, terrorism, crime, or tax evasion to an agent...
Persistent link: https://www.econbiz.de/10014040910
This paper characterizes optimal policy when a government uses indirect control to exert its authority. We develop a dynamic principal-agent model in which a principal (a government) delegates the prevention of a disturbance--such as riots, protests, terrorism, crime, or tax evasion--to an agent...
Persistent link: https://www.econbiz.de/10014046032
This paper characterizes the efficient sequential equilibrium when a government uses indirect control to exert its authority. We develop a dynamic principal-agent model in which a principal (a government) delegates the prevention of a disturbance--such as riots, protests, terrorism, crime, or...
Persistent link: https://www.econbiz.de/10013147577
This paper characterizes the efficient sequential equilibrium when a government uses indirect control to exert its authority. We develop a dynamic principal-agent model in which a principal (a government) delegates the prevention of a disturbance--such as riots, protests, terrorism, crime, or...
Persistent link: https://www.econbiz.de/10012462907