Commitment vs. Flexibility with Costly Verification
收藏NBER2016-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22936
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资源简介：
We introduce costly verification into a general delegation framework. A principal faces an agent who is better informed about the efficient action but biased towards higher actions. An audit verifies the agents information, but is costly. The principal chooses a permissible action set as a function
提供机构：
美国国家经济研究局
创建时间：
2016-12-01
