Two New Conditions Supporting the First-Order Approach to Multisignal Principal-Agent Problems
From MaRDI portal
Publication:3627282
DOI10.3982/ECTA6688zbMath1160.91314OpenAlexW2109269924MaRDI QIDQ3627282
Publication date: 18 May 2009
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.3982/ecta6688
Utility theory (91B16) Other game-theoretic models (91A40) Signaling and communication in game theory (91A28)
Related Items (25)
An envelope approach to tournament design ⋮ Relational contracts and the first-order approach ⋮ Bidding for incentive contracts ⋮ A modified homotopy method for solving the principal-agent bilevel programming problem ⋮ Generic Property of the Partial Calmness Condition for Bilevel Programming Problems ⋮ Information space conditions for the first-order approach in agency problems ⋮ The existence of an optimal deterministic contract in moral hazard problems ⋮ A principal-agent problem with heterogeneous demand distributions for a carbon capture and storage system ⋮ A dual approach to agency problems ⋮ On the first-order approach in principal-agent models with hidden borrowing and lending ⋮ On the moral hazard problem without the first-order approach ⋮ Globally convergent homotopy method for designing piecewise linear deterministic contractual function ⋮ A general solution method for moral hazard problems ⋮ INFORMATION, RISK SHARING, AND INCENTIVES IN AGENCY PROBLEMS ⋮ Robust Contract Designs: Linear Contracts and Moral Hazard ⋮ Correlation and relative performance evaluation ⋮ The informativeness principle without the first-order approach ⋮ Moral hazard and the spanning condition without the first-order approach ⋮ Characterizing optimal wages in principal-agent problems without using the first-order approach ⋮ Participation in moral hazard problems ⋮ Bounds on the welfare loss from moral hazard with limited liability ⋮ Monotonicity of Optimal Contracts Without the First-Order Approach ⋮ Globally convergent method for designing twice spline contractual function ⋮ Effects of changes in preferences in moral hazard problems ⋮ Globally convergent homotopy algorithm for solving the KKT systems to the principal-agent bilevel programming
This page was built for publication: Two New Conditions Supporting the First-Order Approach to Multisignal Principal-Agent Problems