Showing 1 - 10 of 10,534
Persistent link: https://www.econbiz.de/10003405402
Persistent link: https://www.econbiz.de/10003624605
Persistent link: https://www.econbiz.de/10009385311
Persistent link: https://www.econbiz.de/10009682963
Persistent link: https://www.econbiz.de/10001619164
Persistent link: https://www.econbiz.de/10001913631
Persistent link: https://www.econbiz.de/10000587126
Persistent link: https://www.econbiz.de/10003763559
Persistent link: https://www.econbiz.de/10003882511
We study relative performance of stochastic and deterministic mechanisms in a principal-agent model with hidden information and no monetary transfers. We present an example in which stochastic mechanisms perform strictly better than deterministic ones and can implement any outcome arbitrarily...
Persistent link: https://www.econbiz.de/10003421160