On the value of randomization

DOI10.1016/J.JET.2014.02.006zbMath1296.90091OpenAlexW3053357524MaRDI QIDQ402095

Guy Laroque, Stéphane Gauthier

Publication date: 27 August 2014

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

Full work available at URL: https://doi.org/10.1016/j.jet.2014.02.006

zbMATH Keywords

constrained optimizationsecond-order conditionsincentive constraintsrandom contracts

Mathematics Subject Classification ID

Nonconvex programming, global optimization (90C26) Fundamental topics (basic mathematics, methodology; applicable to economics in general) (91B02)

Related Items (1)

Redistribution by means of lotteries

Cites Work

• Unnamed Item
• Monopoly and product quality
• Deterministic versus stochastic mechanisms in principal -- agent models
• An Analysis of the Principal-Agent Problem

This page was built for publication: On the value of randomization