Optimal contract, imperfect output observation, and limited liability

DOI10.1006/JETH.1996.0131zbMath0877.90010OpenAlexW1976454795MaRDI QIDQ1361868

Jacques P. Lawarrée, Marc A. Van Audenrode

Publication date: 11 December 1997

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

Full work available at URL: https://doi.org/10.1006/jeth.1996.0131

zbMATH Keywords

limited liabilityoptimal contractimperfect output observation

Mathematics Subject Classification ID

Hierarchical games (including Stackelberg games) (91A65) Production theory, theory of the firm (91B38)

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