Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061218 | Economics Letters | 2010 | 5 Pages |
Abstract
We study the effect of additional private information in an agency model with an endogenous information structure. If more private information becomes available to the agent, this may hurt the agent, benefit the principal, and affect the total surplus ambiguously.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Eva I. Hoppe, Patrick W. Schmitz,