Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957747 | Journal of Economic Theory | 2007 | 16 Pages |
Abstract
This paper presents simple sufficient conditions under which optimal bunches in adverse-selection principal-agent problems can be characterized without using optimal control theory.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Georg Nöldeke, Larry Samuelson,