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Ignorance in agency problems

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Publication:688910
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DOI10.1006/JETH.1993.1064zbMath0779.90020OpenAlexW2022567233MaRDI QIDQ688910

Tracy R. Lewis, David E. M. Sappington

Publication date: 1 November 1993

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

Full work available at URL: https://doi.org/10.1006/jeth.1993.1064


zbMATH Keywords

adverse selectionagency model


Mathematics Subject Classification ID

Social choice (91B14)


Related Items (13)

GATHERING INFORMATION BY A PARTIALLY INFORMED AGENT ⋮ The value of information for auctioneers ⋮ Wholesale-price contract of supply chain with information gathering ⋮ Ambiguity, optimism, and pessimism in adverse selection models ⋮ Collaborative product development: managing supplier incentives for key component testing ⋮ Participation constraints in discontinuous adverse selection models ⋮ Information acquisition and countervailing incentives ⋮ Strategic obscurity in the forecasting of disasters ⋮ Supplier credits, limited liquidity, and timely demand information ⋮ Strategic information gathering before a contract is offered ⋮ Contracts and productive information gathering ⋮ Ignorance in a multi-agent setting ⋮ Pessimistic information gathering







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