Arifovic, Jasmina; Karaivanov, Alexander - Society for Economic Dynamics - SED - 2006
, 1989; Vriend, 2000) genetic algorithms are used in models of individual learning, where evolution takes place on a set of …We introduce learning based on genetic algorithms in a principal-agent model of optimal contracting under moral hazard … explore is to explicitly model the principal's learning process about the agent's preferences and the production technology …