Efficiency in sequential partnerships

DOI10.1006/jeth.1998.2496zbMath0920.90010OpenAlexW2047283412MaRDI QIDQ1289255

Roland Strausz

Publication date: 27 May 1999

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/jeth.1998.2496

zbMATH Keywords

budget-balanced sharing rulesequential partnerships

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38)

Related Items (6)

On surplus-sharing in partnerships ⋮ Joint production in teams ⋮ Combinatorial agency ⋮ How to share it out: the value of information in teams ⋮ Procrastination in teams and contract design ⋮ On the interplay of hidden action and hidden information in simple bilateral trading problems

Cites Work

• Stopping agents from ``cheating
• Efficiency in partnerships
• Efficiency in partnerships with joint monitoring
• Efficient and Nearly-Efficient Partnerships
• Moral Hazard and Verifiability: The Effects of Renegotiation in Agency
• An Example of a Repeated Partnership Game with Discounting and with Uniformly Inefficient Equilibria

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