A solvable continuous time dynamic principal-agent model

DOI10.1016/J.JET.2015.07.006zbMath1330.91120OpenAlexW1949726554MaRDI QIDQ900607

Noah Williams

Publication date: 22 December 2015

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2015.07.006

zbMATH Keywords

moral hazarddynamic contractsprivate information

Mathematics Subject Classification ID

Optimal stochastic control (93E20) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (15)

Dynamic contract design for systemic cyber risk management of interdependent enterprise networks ⋮ Conditional Analysis and a Principal-Agent Problem ⋮ Dynamic costs and moral hazard: a duality-based approach ⋮ The optimal solution to a principal-agent problem with unknown agent ability ⋮ Optimal insurance contracts for a shot-noise Cox claim process and persistent insured's actions ⋮ Renegotiation and dynamic inconsistency: contracting with non-exponential discounting ⋮ Introduction to symposium on dynamic contracts and mechanism design ⋮ Optimal contracts to a principal-agent model with a diffusion coefficient affected by firm size ⋮ A solvable dynamic principal-agent model with linear marginal productivity ⋮ A solvable time-inconsistent principal-agent problem ⋮ Dynamic optimal contract under parameter uncertainty with risk-averse agent and principal ⋮ Optimal R\&D investment strategy of pollution abatement and incentive mechanism design under asymmetric information ⋮ Optimal compensation and investment affected by firm size and time-varying external factors ⋮ Optimal contracts for agents with adverse selection ⋮ Stochastic Linear Quadratic Stackelberg Differential Game with Overlapping Information

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