five

Contractibility Design

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NBER2025-10-01 更新2025-10-25 收录
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https://www.nber.org/papers/w34379
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We introduce a model of incentive contracting in which the principal, in addition to writing contracts, must engage in contractibility design: creating an evidence structure that allows them to prove when the agent has breached the contract. Designing an evidence structure entails both (i) front-end
创建时间:
2025-10-01
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