Theory of incentives, the: the principal-agent model
Auteur :
Laffont, Jean-Jacques / Martimort, David
Éditeur :
Princeton University Press
ISBN :
9780691091846
Date de publication :
15 janv. 2002
Dimensions :
25,4 x 17,8 cm
Poids :
879 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
USA
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.