Explicit and implicit incentives for multiple agents:
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Bibliographic Details
Main Author: Glover, Jonathan (Author)
Format: Electronic eBook
Language:English
Published: Boston Now c2012
Series:Foundations and trends in accounting 7:1
Subjects:
Online Access:TUM01
Volltext
Item Description:Includes bibliographical references (p. 65-71)
2. Adverse selection -- 2.1 Second-best contracts -- 2.2 The multiple equilibrium problem and -- "simpler" mechanisms -- 2.3 Robust mechanisms
3. Moral hazard -- 3.1 Second-best contracts -- 3.2 The multiple equilibrium problem and "simpler" mechanisms -- 3.3 Optimal use of additional performance measures -- 3.4 Bailouts and coordinated moral hazard -- 3.5 Robust mechanisms
4. Implicit contracts -- 4.1 Two-period relational contracts between agents -- 4.2 Infinite horizon relational contracts between agents -- 4.3 Relational contracts with and between agents
5. Conclusion -- 5.1 "Simpler" mechanisms -- 5.2 Robust mechanisms -- 5.3 Implicit contracts
A. Appendix -- Acknowledgments -- References
Physical Description:1 Online-Ressource (71 p.)
ISBN:1601986327
1601986335
9781601986320
9781601986337

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