Showing 1 - 3 of 3
This paper considers a modified principal-agent environment, where principals have options to either incentivize agents, or trigger agents' reciprocity. Because the production is uncertain, principals' fixed rate transfer can be easily interpreted as good intention. Theory suggests that...
Persistent link: https://www.econbiz.de/10012932431
Persistent link: https://www.econbiz.de/10013336328
Persistent link: https://www.econbiz.de/10014293780