Showing 1 - 10 of 24
compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most …
Persistent link: https://www.econbiz.de/10010293214
risk by overrating the agent's performance. Second, I show that by screening for one supervisor type, firms can incentivize … the supervisor to truthfully report performance at the lowest possible costs. For this reason, screening may be optimal …
Persistent link: https://www.econbiz.de/10010328332
are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank …
Persistent link: https://www.econbiz.de/10010333951
are interdependent. We study the effect of bank competition on the choice of contracts (screening versus collateralized …
Persistent link: https://www.econbiz.de/10010334148
This paper analyzes optimal pricing for information goods underincomplete information, when both unlimited-usage (fixed-fee) pricingand usage-based pricing are feasible and administering usage-basedpricing may involve transaction costs. It is shown that offeringfixed-fee pricing in addition to a...
Persistent link: https://www.econbiz.de/10009435049
activities that loan officers perform: monitoring, originating, and screening. We find that when the performance of their …
Persistent link: https://www.econbiz.de/10010377499
are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank …
Persistent link: https://www.econbiz.de/10010427497
are better able to evaluate a project's risk than entrepreneurs. We study the bank's choice between screening and … collateralization in a model where banks do not have this superior screening skill. In particular, we study the effect of bank …
Persistent link: https://www.econbiz.de/10003951390
risk by overrating the agent's performance. Second, I show that by screening for one supervisor type, firms can incentivize … the supervisor to truthfully report performance at the lowest possible costs. For this reason, screening may be optimal …
Persistent link: https://www.econbiz.de/10010226565
activities that loan officers perform: monitoring, originating, and screening. We find that when the performance of their …
Persistent link: https://www.econbiz.de/10010378353