Qing Liu, Lucy White , Andrea Buffa Sep 15,2021
Most of the literature on organizational design and incentives assumes public contracting. Yet most real world compensation contracts are private... Read More
Dana Foarta, Vladimir Asriyan Victoria Vanasco Nov 05,20192
We study the joint determination of product quality and complexity in a rational setting. We introduce a novel notion of... Read More
Published: AEJ-Micro, 2021, (), -Florian Hoffmann, Roman Inderst,Florian Hoffmann, Roman Inderst, Marcus Opp Oct 08,2017
We characterize optimal contracts in settings where the principal observes informative signals over time about the agent's one-time action. If... Read More