A General Framework for Robust Contracting Models
Author
Abstract
Suggested Citation
DOI: 10.3982/ECTA17386
Download full text from publisher
References listed on IDEAS
- Dilip Mookherjee, 2006.
"Decentralization, Hierarchies, and Incentives: A Mechanism Design Perspective,"
Journal of Economic Literature, American Economic Association, vol. 44(2), pages 367-390, June.
- Dilip Mookherjee, 2005. "Decentralization, Hierarchies and Incentives: A Mechanism Design Perspective," Boston University - Department of Economics - Working Papers Series WP2005-034, Boston University - Department of Economics, revised Sep 2005.
- Keler Marku & Sergio Ocampo & Jean‐Baptiste Tondji, 2024.
"Robust contracts in common agency,"
RAND Journal of Economics, RAND Corporation, vol. 55(2), pages 199-229, June.
- Keeler Marku & Sergio Ocampo & Jean-Baptiste Tondji, 2022. "Robust Contracts in Common Agency," University of Western Ontario, Departmental Research Report Series 20222, University of Western Ontario, Department of Economics.
- Carroll, Gabriel & Meng, Delong, 2016. "Robust contracting with additive noise," Journal of Economic Theory, Elsevier, vol. 166(C), pages 586-604.
- Peter Diamond, 1998. "Managerial Incentives: On the Near Linearity of Optimal Compensation," Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 931-957, October.
- J. A. Mirrlees, 1999. "The Theory of Moral Hazard and Unobservable Behaviour: Part I," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(1), pages 3-21.
- Holmstrom, Bengt & Milgrom, Paul, 1987.
"Aggregation and Linearity in the Provision of Intertemporal Incentives,"
Econometrica, Econometric Society, vol. 55(2), pages 303-328, March.
- Bengt Holmstrom & Paul R. Milgrom, 1985. "Aggregation and Linearity in the Provision of Intertemporal Incentives," Cowles Foundation Discussion Papers 742, Cowles Foundation for Research in Economics, Yale University.
- Tirole, Jean, 1986. "Hierarchies and Bureaucracies: On the Role of Collusion in Organizations," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 2(2), pages 181-214, Fall.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Halil .Ibrahim Bayrak & c{C}au{g}{i}l Koc{c}yiu{g}it & Daniel Kuhn & Mustafa c{C}elebi P{i}nar, 2022. "Distributionally Robust Optimal Allocation with Costly Verification," Papers 2211.15122, arXiv.org, revised Jun 2024.
- Rosenthal, Maxwell, 2023. "Robust incentives for risk," Journal of Mathematical Economics, Elsevier, vol. 109(C).
- Chang Liu, 2022. "Robust Contracts with Exploration," Papers 2212.00157, arXiv.org, revised Feb 2024.
- Ashwin Kambhampati, 2024. "Robust Performance Evaluation of Independent and Identical Agents," Papers 2401.16542, arXiv.org.
- Peter Zhang, 2023. "Distributionally Robust Principal-Agent Problems and Optimality of Contracts," Papers 2303.07468, arXiv.org, revised Jan 2024.
- Tal Alon & Paul Dutting & Yingkai Li & Inbal Talgam-Cohen, 2022. "Bayesian Analysis of Linear Contracts," Papers 2211.06850, arXiv.org, revised Jul 2023.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Emma Hubert, 2020. "Continuous-time incentives in hierarchies," Papers 2007.10758, arXiv.org.
- Danielsson, Jon & Jorgensen, Bjorn N. & de Vries, Casper G., 2002.
"Incentives for effective risk management,"
Journal of Banking & Finance, Elsevier, vol. 26(7), pages 1407-1425, July.
- Jón Daníelsson & Bjørn N. Jorgensen & Casper G. de Vries, 2001. "Incentives for Effective Risk Management," Tinbergen Institute Discussion Papers 01-094/2, Tinbergen Institute.
- Fulghieri, Paolo & Dicks, David, 2021. "Uncertainty, Contracting, and Beliefs in Organizations," CEPR Discussion Papers 15378, C.E.P.R. Discussion Papers.
- Bengt Holmström, 2017.
"Pay for Performance and Beyond,"
American Economic Review, American Economic Association, vol. 107(7), pages 1753-1777, July.
- Holmström, Bengt, 2016. "Pay for Performance and Beyond," Nobel Prize in Economics documents 2016-4, Nobel Prize Committee.
- Rafael Hortala‐Vallve & Miguel Sanchez Villalba, 2010. "Internalizing Team Production Externalities through Delegation: The British Passenger Rail Sector as an Example," Economica, London School of Economics and Political Science, vol. 77(308), pages 785-792, October.
- Perrin Lefebvre & David Martimort, 2022.
"Delegation, capture and endogenous information structures,"
Journal of Theoretical Politics, , vol. 34(3), pages 357-414, July.
- Perrin Lefebvre & David Martimort, 2022. "Delegation, capture and endogenous information structures," Post-Print halshs-03758829, HAL.
- Lefebvre, Perrin & Martimort, David, 2023. "Delegation, Capture and Endogenous Information Structures," TSE Working Papers 23-1418, Toulouse School of Economics (TSE).
- Perrin Lefebvre & David Martimort, 2022. "Delegation, capture and endogenous information structures," PSE-Ecole d'économie de Paris (Postprint) halshs-03758829, HAL.
- Inés Macho-Stadler & David Pérez-Castrillo, 2018.
"Moral hazard: Base models and two extensions,"
Chapters, in: Luis C. Corchón & Marco A. Marini (ed.), Handbook of Game Theory and Industrial Organization, Volume I, chapter 16, pages 453-485,
Edward Elgar Publishing.
- Inés Macho-Stadler & David Pérez-Castrillo, 2016. "Moral Hazard: Base Models and Two Extensions," Working Papers 883, Barcelona School of Economics.
- Ines Macho-Stadler & David Pérez-Castrillo, 2016. "Moral Hazard: Base Models and Two Extensions," CESifo Working Paper Series 5851, CESifo.
- Demougin, Dominique M. & Fabel, Oliver, 2006. "The division of ownership in new ventures," SFB 649 Discussion Papers 2006-047, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- Michael T. Rauh & Giulio Seccia, 2010.
"Agency and Anxiety,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(1), pages 87-116, March.
- Michael T. Rauh & Giulio Seccia, 2006. "Agency and Anxiety," Working Papers 2006-02, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Cai, W. & Singham, D.I., 2018. "A principal–agent problem with heterogeneous demand distributions for a carbon capture and storage system," European Journal of Operational Research, Elsevier, vol. 264(1), pages 239-256.
- Martin F. Hellwig & Klaus M. Schmidt, 2002.
"Discrete-Time Approximations of the Holmstrom-Milgrom Brownian-Motion Model of Intertemporal Incentive Provision,"
Econometrica, Econometric Society, vol. 70(6), pages 2225-2264, November.
- Hellwig, Martin & Schmidt, Klaus M., 1998. "Discrete-Time Approximations of the Holmström-Milgrom Brownian-Motion, Model of Intertemporal Incentive Provision," Sonderforschungsbereich 504 Publications 98-06, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Hellwig, Martin F. & Schmidt, Klaus M., 2001. "Discrete-Time Approximations of the Holmström-Milgrom Brownian-Motion Model of Intertemporal Incentive Provision," Discussion Papers in Economics 22, University of Munich, Department of Economics.
- Hellwig, Martin F. & Schmidt, Klaus M., 2002. "Discrete-time approximations of the Holmström-Milgrom brownian-motion model of intertemporal incentive provision," Munich Reprints in Economics 19425, University of Munich, Department of Economics.
- Hellwig, Martin & Schmidt, Klaus M., 2001. "Discrete-Time Approximations of the Holmström-Milgrom Brownian-Motion Model of Intertemporal Incentive Provision," Sonderforschungsbereich 504 Publications 01-52, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
- Hellwig, Martin & Schmidt, Klaus M., 1998. "Discrete-time approximations of the Holmström-Milgrom Brownian-motion model of intertemporal incentive provision," Papers 98-06, Sonderforschungsbreich 504.
- Kang, Chang-Mo & Kim, Donghyun, 2022. "Risk management transparency and compensation," Journal of Corporate Finance, Elsevier, vol. 75(C).
- Fahad Khalil & Jacques Lawarrée & Troy J. Scott, 2015.
"Private monitoring, collusion, and the timing of information,"
RAND Journal of Economics, RAND Corporation, vol. 46(4), pages 872-890, October.
- Fahad Khalil & Jacques Lawarree & Troy J Scott, 2011. "Private Monitoring, Collusion and the Timing of Information," Working Papers UWEC-2011-08, University of Washington, Department of Economics.
- Fahad Khalil & Jacques Lawarrée & Troy J. Scott, 2013. "Private Monitoring, Collusion and the Timing of Information," CESifo Working Paper Series 4497, CESifo.
- Martimort, David & Pouyet, Jerome, 2008.
"To build or not to build: Normative and positive theories of public-private partnerships,"
International Journal of Industrial Organization, Elsevier, vol. 26(2), pages 393-411, March.
- David Martimort & Jérôme Pouyet, 2008. "To build or not to build: Normative and positive theories of public-private partnerships," Post-Print halshs-00754298, HAL.
- Walter A Cont, 2001. "Essays on Contract Design: Delegation and Agency Problems, and Monitoring Under Collusion," Levine's Working Paper Archive 625018000000000122, David K. Levine.
- Sandner, Kai, 2008. "Balancing Performance Measures When Agents Behave Competitively in an Environment With Technological Interdependencies," Discussion Papers in Business Administration 2113, University of Munich, Munich School of Management.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2373-2437 is not listed on IDEAS
- Gabriel Carroll, 2015. "Robustness and Linear Contracts," American Economic Review, American Economic Association, vol. 105(2), pages 536-563, February.
- Anders Frederiksen & Lisa B. Kahn & Fabian Lange, 2020.
"Supervisors and Performance Management Systems,"
Journal of Political Economy, University of Chicago Press, vol. 128(6), pages 2123-2187.
- Anders Frederiksen & Lisa B. Kahn & Fabian Lange, 2017. "Supervisors and Performance Management Systems," NBER Working Papers 23351, National Bureau of Economic Research, Inc.
- Frederiksen, Anders & Kahn, Lisa B. & Lange, Fabian, 2017. "Supervisors and Performance Management Systems," IZA Discussion Papers 10725, Institute of Labor Economics (IZA).
- Balmaceda, Felipe & Balseiro, Santiago R. & Correa, José R. & Stier-Moses, Nicolás E., 2016. "Bounds on the welfare loss from moral hazard with limited liability," Games and Economic Behavior, Elsevier, vol. 95(C), pages 137-155.
- Peter Zhang, 2023. "Distributionally Robust Principal-Agent Problems and Optimality of Contracts," Papers 2303.07468, arXiv.org, revised Jan 2024.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:emetrp:v:90:y:2022:i:5:p:2129-2159. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/essssea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.