Optimal dynamic contracting: the first-order approach and beyond

DOI10.3982/TE2355MaRDI QIDQ5121484zbMATH OpenOpenAlexWikidataFDO

Authors Marco Battaglini, Rohit Lamba

Publication date 14 September 2020

Published in Theoretical Economics (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial 4.0 International

Full work available at URL https://doi.org/10.3982/te2355

zbMATH Keywords

contract theorydynamic contracts

Mathematics Subject Classification ID

Dynamic games (91A25) Contract theory (moral hazard, adverse selection) (91B41) Principal-agent models (91B43)

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Cited in

(23)

• Dynamic contracting with persistent shocks
• Monotone second-best optimal contracts
• A theory of dynamic contracting with financial constraints
• The competitive and welfare effects of long-term contracts with network externalities and bounded rationality
• Dynamic mechanism design on social networks
• Optimal selling mechanisms with buyer price search
• Calibrated incentive contracts
• Contracting for dynamic efficiency
• Discounted quotas
• Dynamic contracting: an irrelevance theorem
• Optimal contracts with shirking
• Monotonicity of optimal contracts without the first-order approach
• Recursive contracts
• Monotone contracts
• A Negishi approach to recursive contracts
• Intertemporal bundling
• Insurance and inequality with persistent private information
• Optimal long-term contract for fertilizer supply under farmer's dynamic private information
• Auctioning long-term projects under financial constraints
• Intertemporal allocation with unknown discounting
• Scale effects in dynamic contracting
• Dynamic managerial compensation: a variational approach
• Optimal contracts in continuous-time models

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