Principal and Expert Agent.

This paper analyses principal-agent contracts when the agent's action generates information not directly verifiable but used by the agent to make a risky decision. It considers a more general formulation than those studied previously, focusing on the impact on the decision made and the contract...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Malcomson, J
Định dạng: Working paper
Ngôn ngữ:English
Được phát hành: Department of Economics (University of Oxford) 2004

Những quyển sách tương tự