The cost of moral hazard and limited liability in the principal-agent problem

DOI10.1007/978-3-642-17572-5_6MaRDI QIDQ3066477zbMATH OpenOpenAlexFDO

Authors Felipe Balmaceda, Santiago R. Balseiro, José R. Correa, N. E. Stier-Moses

Publication date 10 January 2011

Published in Lecture Notes in Computer Science (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/10533/143378

Mathematics Subject Classification ID

Welfare economics (91B15)

Recommendations

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(5)

• Computing optimal contracts in combinatorial agencies
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• Informed-principal problem with moral hazard, risk neutrality, and no limited liability
• Moral hazard and the property rights approach to the theory of the firm
• Optimal technology design

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