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Europe's future after the European Council meeting of June 2007: A panel discussion

Bordignon, Massimo; Gros, Daniel; Roland, Gérard; … - In: CESifo Forum 8 (2007) 4, pp. 39-44

Persistent link: https://www.econbiz.de/10004998571

Structure, Conduct, and Performance of Principal-Agent Models: An Overview

Wei, Jong-Shin; Liu, Chwen-Chi - In: International Journal of Business and Economics 2 (2003) 3, pp. 177-178

This prelude introduces the first symposium of this journal devoted to the structure, conduct, and performance of principal-agent models in a broad view. Five papers, exemplifying recent developments and targeting readers of interdisciplinary interest, are summarized.

Persistent link: https://www.econbiz.de/10010837246

Sequential communication with ex post participation constraints

Ambec, S. - Laboratoire d'Économie Appliquée de Grenoble, … - 2007

The paper examines the implementation of Bayesian allocation rules that satisfy non-negative ex post payoffs for one player in a two-players bilateral asymmetric information setting. It focuses on sequential mechanisms in which players communicate in turn among themselves. First, it shows that,...

Persistent link: https://www.econbiz.de/10005176764

A theory of authority in bilateral contracting

Ambec, S. - Laboratoire d'Économie Appliquée de Grenoble, … - 2003

Two players are involved in a joint project during which a decision must be reached. Each player has a private information about future profits. Authority gives to a player the right to decide first among a pre-defined set of alternatives. In this framework, I show that (partial) authority...

Persistent link: https://www.econbiz.de/10005176773

Agri-environmental schemes: Adverse selection, information structure and delegation

Canton, Joan; Cara, Stephane De; Jayet, Pierre-Alain - Département Sciences Sociales, Agriculture et … - 2009

optimal contract under adverse selection is modeled. This model underlines the trade-off between information rents and …

Persistent link: https://www.econbiz.de/10010780231

Moral hazard with discrete soft information.

Roger, Guillaume - School of Economics, UNSW Business School - 2011

I study a simple model of moral hazard with soft information. The risk-averse agent takes an action and she alone observes the stochastic outcome; hence the principal faces a problem of ex post adverse selection. With limited instruments, the principal cannot solve these two problems...

Persistent link: https://www.econbiz.de/10010618296

Optimal contract under moral hazard with soft information.

Roger, Guillaume - School of Economics, UNSW Business School - 2011

optimal transfer is option-like, the contract leaves the agent with some ex ante rent and fails to elicit truthful revelation …

Persistent link: https://www.econbiz.de/10010618300

An Empirical Study of Online Software Outsourcing: Signals under Different Contract Regimes

Lin, Mingfeng; Viswanathan, Siva; Agarwal, Ritu - NET Institute - 2010

variables change under different contract forms. Our results show that online reputation is an important predictor of success … only for fixed-price contracts, but not significant for times-and-materials contracts. In other words, contract forms can … not increase the chances of winning regardless of the contract forms. Linguistic features of private communications from …

Persistent link: https://www.econbiz.de/10008672213

A Theory of Authority in Bilateral Contracting

Ambec, Stefan - Centro Studi di Economia e Finanza (CSEF) - 2003

Two players are involved in a joint project during which a decision must be reached. Each player has private information about future profits. Authority gives one player the right to decide first in a pre-defined set of alternatives. In this framework, I show that (partial) authority should be...

Persistent link: https://www.econbiz.de/10005626734

Would you like to be a prosumer? Information revelation, personalization and price discrimination in electronic markets

Morasch, Karl; Bandulet, Martin - Fakultät für Wirtschafts- und … - 2003

Electronic commerce and flexible manufacturing allow personalization of initially standardized products at low cost. Will customers provide the information necessary for personalization? Assuming that a consumer can control the amount of information revealed, we analyze how his decision...

Persistent link: https://www.econbiz.de/10008462102

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