Risk aversion, ambiguity aversion and the incentive problem with interim participation constraints

DOI10.1111/IJET.12172zbMATH Open1432.91061OpenAlexW2818724062MaRDI QIDQ5215957FDOQ5215957

Authors: Hongxia Wang, Jian-Li Wang, Xinping Xia 

Publication date: 14 February 2020

Published in: International Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/ijet.12172

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zbMATH Keywords

risk aversionambiguity aversioninterim participation constraint

Mathematics Subject Classification ID

Decision theory (91B06) Utility theory (91B16)

Cited In (5)

• Incentive contracting under ambiguity aversion
• Is ambiguity aversion bad for innovation?
• Optimal incentive contracts under loss aversion and inequity aversion
• On the Role of Uncertainty in the Risk-Incentives Tradeoff
• Optimal screening by risk-averse principals

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