کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
884525 | 1471686 | 2008 | 6 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The role of private benefits in information acquisition
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: The role of private benefits in information acquisition The role of private benefits in information acquisition](/preview/png/884525.png)
چکیده انگلیسی
In many cases, the cost of hiring an agent to acquire information is lower than the cost for the principal to perform that task. However, because of a difference in preferences between the principal and the agent, the principal often cannot fully utilize the agent’s expertise. This paper considers the cost of motivating the agent to acquire information and inducing him to report truthfully. The larger the private benefit, the greater is the cost of eliciting true information. At the same time, a private benefit may reduce the cost of motivating information acquisition. Thus, there are cases in which an agent with a different preference is desirable.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 68, Issues 3–4, December 2008, Pages 626–631
Journal: Journal of Economic Behavior & Organization - Volume 68, Issues 3–4, December 2008, Pages 626–631
نویسندگان
Kazumi Hori,