Showing 1 - 2 of 2
An uninformed principal elicits non-contractible recommendations from a privately informed agent regarding the quality of projects. The agent is biased in favor of implementation and no credible communication is possible in a one-shot setting. In a repeated setting, the fear of losing future...
Persistent link: https://www.econbiz.de/10011800617
Persistent link: https://www.econbiz.de/10010363449