Dubey, Pradeep; Wu, Chien-wei - Cowles Foundation for Research in Economics, Yale University - 2000
We consider a principal who is keen to induce his agents to work at their maximal effort levels. To this end, he samples n days at random out of the T days on which they work, and awards a prize of B dollars to the most productive agent. The principal's policy (B,n) induces a strategic game...