The Theory of Incentives: The Principal-Agent Model

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    The Theory of Incentives: The Principal-Agent Model

    Mehka - 26. dec 2001
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    ISBN/EAN:P_9780691091846
    Redna cena: 61,50 €

    Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability.

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    Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability.

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