The ratchet effect: a learning perspective

DOI10.1016/j.jet.2023.105762OpenAlexW4388672908MaRDI QIDQ6139981

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Publication date: 19 January 2024

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

Full work available at URL: https://doi.org/10.1016/j.jet.2023.105762

zbMATH Keywords

learningmoral hazardratchet effectrandomized effort

Mathematics Subject Classification ID

Principal-agent models (91B43)

Cites Work

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• Relational Incentive Contracts With Persistent Private Information
• Moral Hazard Contracting and Private Credit Markets