Efficient and Nearly-Efficient Partnerships
نویسندگان
چکیده
منابع مشابه
Secret Contracts for Efficient Partnerships∗
By allocating different information to team members, secret contracts can provide better incentives to perform with an intuitive organizational design. For instance, they may help to monitor monitors, and attain approximately efficient partnerships by appointing a secret principal. More generally, secret contracts highlight a rich duality between enforceability and identifiability. It naturally...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 1993
ISSN: 0034-6527
DOI: 10.2307/2298126