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Optimal learning by experimentation
Aghion, Philippe (contributor) - 1990
Persistent link: https://www.econbiz.de/10000803919
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Optimal learning by experimentation
Aghion, Philippe (contributor) - 1990 - Rev.
Persistent link: https://www.econbiz.de/10000816416
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Optimal learning by experimentation
Aghion, Philippe; Bolton, Patrick; Harris, Christopher J.; … - In: The review of economic studies 58 (1991) 4, pp. 621-654
Persistent link: https://www.econbiz.de/10001114547
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Optimal learning by experimentation
Aghion, Philippe (contributor) - 1990
Persistent link: https://www.econbiz.de/10000790308
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Allocating decision rights under liquidity constraints
Aghion, Philippe; Rey, Patrick - In: The economics of contracts : theories and applications, (pp. 193-212). 2002
Persistent link: https://www.econbiz.de/10001722164
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Inducing Leaders to Take Risky Decisions : Dismissal, Tenure, and Term Limits
Aghion, Philippe - 2014
In this paper we analyze the problem of whether and/or when to replace a leader (agent) when no monetary rewards are available, and it is the leader's competence rather than effort that is being evaluated. The only decisions that the leader takes over time are whether to undertake risky but...
Persistent link: https://www.econbiz.de/10013050303
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Inducing leaders to take risky decisions : dismissal, tenure, and term limits
Aghion, Philippe; Jackson, Matthew O. - In: American economic journal : a journal of the American … 8 (2016) 3, pp. 1-38
Persistent link: https://www.econbiz.de/10011572313
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Inducing Leaders to Take Risky Decisions : Dismissal, Tenure, and Term Limits
Aghion, Philippe - 2014
In this paper we analyze the problem of whether and/or when to replace a leader (agent) when no monetary rewards are available, and it is the leader's competence rather than effort that is being evaluated. The only decisions that the leader takes over time are whether to undertake risky but...
Persistent link: https://www.econbiz.de/10012458366
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Inducing Leaders to Take Risky Decisions : Dismissal, Tenure, and Term Limits
Aghion, Philippe; Jackson, Matthew O. - 2015
actions reveal the agent's decision-making competence and only dismissal can be used as an incentive instrument? The principal …
Persistent link: https://www.econbiz.de/10014037199
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The role of bounded rationality and imperfect information in subgame perfect implementation : an empirical investigation
Aghion, Philippe; Fehr, Ernst; Holden, Richard T.; … - 2015
In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo's subgame perfect … mechanism should - in theory - provide incentives for truth-telling, many buyers in fact believe that they can increase their …
Persistent link: https://www.econbiz.de/10010502711