Using Trembling-Hand Perfection to Alleviate the Interlinked Principal-Agent Problem
From MaRDI portal
Publication:3809548
DOI10.2307/3440314zbMath0659.90022MaRDI QIDQ3809548
Publication date: 1988
Published in: The Scandinavian Journal of Economics (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/3440314
Nash equilibria; moral hazard; market mechanism; simple interlinked principal-agent problem; trembling-hand
Related Items
Work quality and optimal pay structure: Piece vs. hourly rates in employee remuneration, The existence of perfect equilibrium in discontinuous games