Blar i Publikasjoner fra CRIStin (NHH) på forfatter "Kvaløy, Ola"

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    • Endogenous Verifiability and Relational Contracting 

      Kvaløy, Ola; Olsen, Trond E. (Journal article, 2009)
      Principal-agent models usually invoke the strong assumption that the parties know for sure ex ante whether a variable is verifiable or not. This paper assumes that only the probability of verification is known, and that ...

    • Relational Contracts, Multiple Agents, and Correlated Outputs 

      Kvaløy, Ola; Olsen, Trond Egil (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, ...