Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10011549299
Persistent link: https://www.econbiz.de/10012174654
Persistent link: https://www.econbiz.de/10013387617
Persistent link: https://www.econbiz.de/10012809714
We propose a duality approach to solving contracting models with either one-sided or two-sided limited commitment in continuous time. We establish weak and strong duality theorems and provide a dynamic programming characterization of the dual problem. The dual problem gives a linear...
Persistent link: https://www.econbiz.de/10011099892