The importance of being honest

DOI10.3982/TE1913MaRDI QIDQ4586054zbMATH OpenOpenAlexWikidataFDO

Authors Nicolas Klein

Publication date 11 September 2018

Published in Theoretical Economics (Search for Journal in Brave)

Copyright license Creative Commons Attribution-NonCommercial 3.0 Unported

Full work available at URL https://doi.org/10.3982/te1913

zbMATH Keywords

bandit modelsBayesian learningcontinuous-time principal-agent modelsdynamic moral hazardexperimentationoptimal incentive schemePoisson process

Mathematics Subject Classification ID

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(10)

• Keeping your options open
• Dead ends
• Strategic experimentation with asymmetric players
• Experimentation and project selection: screening and learning
• Incentivizing research with (un)conditional teaching duties: punishment or rent extraction?
• Honesty through repeated interactions
• Experimentation in organizations
• Make it 'til you fake it
• Do stronger patents lead to faster innovation? The effect of clustered search
• Screening ethics when honest agents keep their word

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