Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061820 | Economics Letters | 2008 | 5 Pages |
Abstract
This paper studies a particular form of internal control available to a (top) principal when delegating the offer of a Baron-Myerson style contract to an intermediary. We show that by examining the contract offered to the productive agent, the principal can reduce the loss of control.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Wolfgang Gick,