Moral hazard with limited liability : random-variable formulation and optimal contract structures
Year of publication: |
2021
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Authors: | Wang, Wenbin ; Hu, Shanshan |
Published in: |
Games and economic behavior. - Amsterdam : Elsevier, ISSN 0899-8256, ZDB-ID 1002944-8. - Vol. 126.2021, p. 374-386
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Subject: | First-order approach | Limited liability | Moral hazard | Pay-for-performance | Risk-neutral agency | Prinzipal-Agent-Theorie | Agency theory | Moral Hazard | Beschränkte Haftung | Leistungsanreiz | Performance incentive | Vertragstheorie | Contract theory |
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