Repeated delegation

DOI10.1016/J.JET.2020.105040MaRDI QIDQ785526zbMATH OpenOpenAlexFDO

Authors Elliot Lipnowski, João Daniel Palma Ramos

Publication date 7 August 2020

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

Full work available at URL https://doi.org/10.1016/j.jet.2020.105040

zbMATH Keywords

limited commitmentrepeated gamedelegationcapital budgeting

Mathematics Subject Classification ID

Decision theory (91B06) Applications of game theory (91A80) Multistage and repeated games (91A20) Discrete-time games (91A50) Principal-agent models (91B43)

Recommendations

• Limit theorems for recursive delegation equilibria
• A Model of Delegated Project Choice
• Delegation and commitment in durable goods monopolies
• On the complexity of repeated principal agent games
• Repeated Principal-Agent Games with Discounting

Cites work

• scientific article; zbMATH DE number 4025100 (Why is no real title available?)
• scientific article; zbMATH DE number 3653916 (Why is no real title available?)
• A Model of Delegated Project Choice
• A Theory of Wage Dynamics
• Delegation and nonmonetary incentives
• Discounted quotas
• Income fluctuation and asymmetric information: An example of a repeated principal-agent problem
• Investment and bilateral insurance
• Large risks, limited liability, and dynamic moral hazard
• On Repeated Moral Hazard with Discounting
• Optimal dynamic capital budgeting
• Overcoming Incentive Constraints by Linking Decisions
• Relational contracts, limited liability, and employment dynamics
• Storable votes
• The Folk Theorem with Imperfect Public Information
• The Time Structure of Self-Enforcing Agreements
• The political economy of indirect control
• Toward a Theory of Discounted Repeated Games with Imperfect Monitoring

Cited in

(18)

• Delegating decisions in strategic settings
• Veto-based delegation
• Information revelation in repeated delegation
• A theory of dynamic contracting with financial constraints
• On the value of repetition for communication games
• Regular equilibria and negative welfare implications in delegation games
• Delegation equilibrium payoffs in integer-splitting games
• Goodwill in communication
• When to ask for an update: timing in strategic communication
• Dynamic delegation with a persistent state
• Monotone contracts
• Optimal Delegation
• Delegating trial and error
• Community repeated interaction and strategic delegation
• Discounted quotas
• (Not) delegating decisions to experts: the effect of uncertainty
• Dynamic monitoring under resource constraints
• Delegation and commitment in durable goods monopolies

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