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Persistent link: https://www.econbiz.de/10014390490
This paper studies a continuous-time, nite-horizon contracting problem with renegotiationand dynamic inconsistency arising from non-exponential discounting. Theproblem is formulated as a dynamic game played among the agent, the principal andtheir respective future "selves", each with their own...
Persistent link: https://www.econbiz.de/10012848043