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We propose a model based on competitive markets in order to analyze an economy with several principals and agents. We model the principal-agent economy as a two-sided matching game and characterize the set of stable outcomes of this principal-agent matching market. A simple mechanism to...
Persistent link: https://www.econbiz.de/10005572268
. In a natural experiment, we study the gender difference in performance resulting from changes in stakes. We use detailed … information on the performance of high-school students and exploit the variation in the stakes of tests, which range from 5% to 27 …
Persistent link: https://www.econbiz.de/10011126420