Eső, Péter; Szentes, Balàzs - In: Theoretical economics : TE ; an open access journal in … 12 (2017) 1, pp. 109-139
This paper generalizes a conceptual insight in dynamic contracting with quasilin- ear payoffs: the principal does not … environment satisfying certain regularity conditions, and we provide a simple “recipe” for solving such dynamic contracting …