Discrete-Time Approximations of the Holmstrom-Milgrom Brownian-Motion Model of Intertemporal Incentive Provision

DOI10.1111/1468-0262.00375zbMath1141.60364OpenAlexW4255247994MaRDI QIDQ5475024

Martin F. Hellwig, Klaus M. Schmidt

Publication date: 16 June 2006

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://ub-madoc.bib.uni-mannheim.de/2884/1/dp98_06.pdf

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Brownian motion (60J65) Financial applications of other theories (91G80)

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