منابع مشابه
On Delegation under Relational Contracts
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A principal delegates multiple decisions to an agent, who has private information relevant to each decision. The principal is uncertain about the agent’s preferences. I solve for max-min optimal mechanisms – those which maximize the principal’s payoff against the worst agent preference type. These mechanisms are characterized by a property I call “aligned delegation.” In an aligned delegation m...
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ژورنال
عنوان ژورنال: The RAND Journal of Economics
سال: 2007
ISSN: 0741-6261,1756-2171
DOI: 10.1111/j.0741-6261.2007.00126.x