Optimal bunching without optimal control

نویسندگان

  • Georg Nöldeke
  • Larry Samuelson
چکیده

This paper presents simple sufficient conditions under which optimal bunches in adverse-selection principal-agent problems can be characterized without using optimal control theory.

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عنوان ژورنال:
  • J. Economic Theory

دوره 134  شماره 

صفحات  -

تاریخ انتشار 2007