Tournaments and contracts under asymmetric information
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Abstract
Suggested Citation
DOI: 10.1016/j.econmod.2024.106825
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Keywords
Principal–agent model; Asymmetric information; Expected payoff maximization; Social welfare maximization; All pay contests; Heterogeneous abilities;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
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