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Convergence of least squares learning in self-referential discontinuous stochastic models

Cho, In-Koo - 1998

Persistent link: https://www.econbiz.de/10000993806

A mathematical treatment of bank monitoring incentives

Pagès, Henri; Possamaï, Dylan - In: Finance and stochastics 18 (2014) 1, pp. 39-73

Persistent link: https://www.econbiz.de/10010235458

The importance of being honest

Klein, Nicolas Alexandre - In: Theoretical economics : TE ; journal of the Econometric … 11 (2016) 3, pp. 773-811

Persistent link: https://www.econbiz.de/10011584180

The importance of being honest

Klein, Nicolas Alexandre - In: Theoretical economics : TE ; an open access journal in … 11 (2016) 3, pp. 773-811

This paper analyzes the case of a principal who wants to provide an agent with proper incentives to explore a … known technology to produce fake successes. This latter option either makes the provision of incentives for honesty … ability to generate further successes. This, in turn, provides incentives for the agent to be honest before a first success. …

Persistent link: https://www.econbiz.de/10011671897

The virtue of being underestimated : a note on discriminatory contracts in hidden information models

Schnedler, Wendelin - 2001 - This Version: June 2001

A standard hidden information model is considered to study the influence of the a priori productivity distribution on the optimal contract. A priori more productive (hazard rate dominant) agents work less, enjoy lower rents, but generate a higher expected surplus.

Persistent link: https://www.econbiz.de/10011539692