Assignment under task dependent private information
An agent's private information on his investment return is payoff-relevant only upon investment. This paper studies the contracting and assignment problem of a principal who can assign her agent to invest, which improves the agent's future productivity but allows the agent to exploit his p...
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Format: | Journal Article |
Language: | English |
Published: |
2022
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Online Access: | https://hdl.handle.net/10356/159918 |