Showing 1 - 3 of 3
needed for "verification" (with honest agents who are privately informed about their preferences). According to Segal (2007 …
Persistent link: https://www.econbiz.de/10011599423
I consider the interaction between an agent and a principal who is unable to commit not to renegotiate. The agent's type only affects the principal's utility. The principal has access to a public signal, correlated with the agent's type, which can be used to (imperfectly) verify the agent's...
Persistent link: https://www.econbiz.de/10012215323
needed for "verification" (with honest agents who are privately informed about their preferences). According to Segal (2007 …
Persistent link: https://www.econbiz.de/10008545871