The ratchet effect: a learning perspective

DOI10.1016/J.JET.2023.105762MaRDI QIDQ6139981zbMATH OpenOpenAlexFDO

Authors

Publication date 19 January 2024

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

Full work available at URL https://doi.org/10.1016/j.jet.2023.105762

zbMATH Keywords

learningmoral hazardrandomized effortratchet effect

Mathematics Subject Classification ID

Principal-agent models (91B43)

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Cites work

• An Analysis of the Principal-Agent Problem
• Dynamic costs and moral hazard: a duality-based approach
• Handbook of integral equations
• scientific article; zbMATH DE number 4207455 (Why is no real title available?)
• Managerial Incentive Problems: A Dynamic Perspective
• Moral Hazard and Renegotiation in Agency Contracts
• Moral Hazard Contracting and Private Credit Markets
• Planning under Incomplete Information and the Ratchet Effect
• Relational incentive contracts with persistent private information
• The curse of long horizons
• The Dynamics of Incentive Contracts
• Two-sided learning and the ratchet principle
• Unobservable Investment and the Hold-Up Problem

Cited in

(1)

• Rewarding success and failure: moral hazard and adverse selection in strategic experimentation

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