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Optimal contracts in a dynamic costly state verification model

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Publication:2572498
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DOI10.1007/s00199-004-0535-zzbMath1116.91338OpenAlexW3126139843MaRDI QIDQ2572498

Erwan Quintin, Cyril Monnet

Publication date: 10 November 2005

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

Full work available at URL: http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp126.pdf


zbMATH Keywords

Costly state verificationDynamic contractsMonitoring.Theory of uncertainty and information


Mathematics Subject Classification ID

Economic growth models (91B62) Auctions, bargaining, bidding and selling, and other market models (91B26)


Related Items (5)

Stochastic costly state verification and dynamic contracts ⋮ Costly monitoring, dynamic incentives, and default ⋮ Do credit market shocks drive output fluctuations? Evidence from corporate spreads and defaults ⋮ Optimal auditing and insurance in a dynamic model of tax compliance ⋮ Investor protection and optimal contracts under risk aversion and costly state verification







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