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Information and Incentives: The Agency Information Problem

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Publication:3942696
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DOI10.2307/2297362zbMath0483.90005OpenAlexW2058135751MaRDI QIDQ3942696

Froystein Gjesdal

Publication date: 1982

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

Full work available at URL: https://doi.org/10.2307/2297362

zbMATH Keywords

value of informationrisk sharingimperfect informationagency information problemgeneralized agency modelincentive purpuses


Mathematics Subject Classification ID

Decision theory (91B06)


Related Items

Redistribution by means of lotteries, Limited liability, the first-order approach, and the ranking of information systems in agencies, All-or-nothing payments, INFORMATION, RISK SHARING, AND INCENTIVES IN AGENCY PROBLEMS, The value of information in a principal-agent model with moral hazard: the ex post contracting case, The informativeness principle without the first-order approach, Information in tournaments under limited liability, Timing of information in agency problems with hidden actions, Optimal incentives and asymmetric distribution of information, On incentives, temptation and self-control, Preference representation and randomization in principal-agent contracts, Contracts without memory in multiperiod agency models



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