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agents to produce information jointly is commonly observed. Yet, agency theory stresses the difficulties associated with …
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. Due to multilateral externalities the principal uses her own emissions besides subsidies to incentivize the agent. This …
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agents have unobservable intrinsic motivation levels. I show that the non-contractibility of effort (asymmetric information …
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, i.e. they have heterogeneous unobservable intrinsic motivation levels. I derive the optimal mechanism (allocation rule …
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one of two experts and time inputs from both experts. Experts enjoy motivation utilities from production, but have private … information of their own motivation preferences and project potentials. Technology and time-input choices are experts' private …
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