Results 11 to 20 of about 598,458 (313)
Incentivizing the Dynamic Workforce: Learning Contracts in the Gig-Economy [PDF]
Theoretical Computer Science, 2018 In principal-agent models, a principal offers a contract to an agent to perform a certain task. The agent exerts a level of effort that maximizes her utility.
Cohen, Alon +2 more
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Simple versus Optimal Contracts [PDF]
Proceedings of the 2019 ACM Conference on Economics and Computation, 2019 We consider the classic principal-agent model of contract theory, in which a principal designs an outcome-dependent compensation scheme to incentivize an agent to take a costly and unobservable action. When all of the model parameters---including the full distribution over principal rewards resulting from each agent action---are known to the designer ...
Dütting, Paul +2 more
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Optimal Contracts for Experimentation [PDF]
The Review of Economic Studies, 2016 This paper studies long-term contracts for experimentation in a principal-agent setting with adverse selection about the agent’s ability (pre-contractual hidden information), dynamic moral hazard, and private learning about project quality. We show that profit maximization by the principal generally leads to under-experimentation by an agent of low ...
Halac, Marina C. +2 more
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Applied Mathematics Letters, 1990 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Lin, E.B., Chou, M.Y.
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Optimal Contracting in Networks
SSRN Electronic Journal, 2016 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Jadbabaie, A, Kakhbod, A
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The theory of incentives applied to the transport sector [PDF]
, 2009 Building upon Iossa and Martimort (2008), we study the main incentive issues and the form of optimal contracts for Public Private Partnerships (PPPs) in transports. We present a basic model of procurement in a multitask environment in which a risk-averse
Iossa, E, Martimort, D
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Advances in Financial Leasing Mechanism Designs
Mathematics, 2022 Financial leasing contracts usually include specific clauses for early termination of the agreement in the event that the lessee defaults. The lessor might, therefore, not immediately ask for termination of the financial lease agreement in order to take ...
Lucianna Cananà +2 more
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Designing an updatable long-term health insurance [PDF]
Mathematics and Modeling in Finance, 2021 In this paper, we considered the long-term health insurance as a sequence of annual health insurance policies. To improve the disadvantages of long-term health insurance, we specify the optimal contract including optimal insurance premiums and optimal ...
Atefeh Kanani Dizaji +2 more
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A Theory of Ex Post Inefficient Renegotiation [PDF]
, 2012 We propose a theory of ex post inefficient renegotiation that is based on loss aversion. When two parties write a long-term contract that has to be renegotiated after the realization of the state of the world, they take the initial contract as a ...
Herweg, Fabian, Schmidt, Klaus M.
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Optimal licensing strategy of green technology with corporate social responsibility
Technological and Economic Development of Economy, 2022 This study investigates the green technology licensing strategies of firms with corporate social responsibility (CSR) in a duopoly market. The results show that in the absence of CSR, the optimal licensing contract is fixed-fee licensing for a patent ...
Dongdong Li, Chengxuan Shang, Chen Jiao
doaj +1 more source