Relational incentive contracts with persistent private information

This paper investigates relational incentive contracts with continuous, privately-observed agent types that are persistent over time. With fixed agent types, full separation is not possible when continuation equilibrium payoffs following revelation are on the Pareto frontier of attainable payoffs. T...

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Автор: Malcomson, J
Формат: Journal article
Опубліковано: Wiley 2015
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Relational incentive contracts with persistent private information за авторством Malcomson, J

Опубліковано 2012
Working paper