The Theory of Incentives

David Martimort, Jean-Jacques Laffont

Princeton University Press, 2002

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Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability.

ISBN-13
9780691091846
ISBN-10
0691091846
Publisher
Princeton University Press
Year
2002
Publication date
2002-01-15
Pages
440
Dimensions
252x177x28
Weight
766