Blar i Articles (FOR) på tidsskrift "Management science"
Viser treff 1-1 av 1
-
Relational Contracts, Multiple Agents, and Correlated Outputs
(Journal article; Peer reviewed, 2019)We analyze relational contracts between a principal and a set of risk-neutral agents whose outputs are correlated. When only the agents’ aggregate output can be observed, a team incentive scheme is shown to be optimal, ...