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Unique Implementation of Incentive Contracts with Many Agents

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Publication:3795443
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DOI10.2307/2297405zbMath0649.90011OpenAlexW2026824501MaRDI QIDQ3795443

Ching-To Ma

Publication date: 1988

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297405

zbMATH Keywords

multiple equilibriaimplementationprincipalmany agentsunique perfect equilibriumfirst-bestmulti-stage mechanismsecond-best perfect Bayesian equilibrium


Mathematics Subject Classification ID

Social choice (91B14)


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Reporting behavior: a literature review of experimental studies, Implementing action profiles when agents collude, Joint production in teams, Incentive contracts in two-sided moral hazards with multiple agents, Implementing coordinated team play, Stopping agents from ``cheating, Reciprocity in the principal-multiple agent model, Efficiency in partnerships with joint monitoring, Unraveling in a repeated moral hazard model with multiple agents, All-or-nothing payments, Dynamic risk-sharing with two-sided moral hazard, Correlation and relative performance evaluation, Collusion and the organization of delegated expertise, Decentralization and collusion, Implementation in principal-agent models of adverse selection



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