Dynamic Incentive Contracts Under Parameter Uncertainty
收藏NBER2010-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16649
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资源简介：
We analyze a long-term contracting problem involving common uncertainty about a parameter capturing the productivity of the relationship, and featuring a hidden action for the agent. We develop an approach that works for any utility function when the parameter and noise are normally distributed and
提供机构：
美国国家经济研究局
创建时间：
2010-12-01
