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MSS
2011
IEEE
178views Hardware» more  MSS 2011»
13 years 6 months ago
Framing contingencies in contracts
The paper develops a contracting model where the principal frames the contract when the agent is unaware of some contingencies, yet is aware that she may be unaware. We call the c...
Xiaojian Zhao
WINE
2009
Springer
178views Economy» more  WINE 2009»
14 years 6 months ago
Computing Optimal Contracts in Series-Parallel Heterogeneous Combinatorial Agencies
We study an economic setting in which a principal motivates a team of strategic agents to exert costly effort toward the success of a joint project. The action taken by each agent...
Yuval Emek, Michal Feldman