Contracting with Researchers
We study a setting in which one or two agents conduct research on behalf of a principal. The agents' success depends on effort and the choice of a research technology that is uncertain with respect to its quality. A single agent has no incentive to deviate from the principal's preferre...
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Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 20-2016) |
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Autoren: | , |
Format: | Artikel |
Sprache: | Englisch |
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Philipps-Universität Marburg
2016
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Online-Zugang: | PDF-Volltext |
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MAGKS - Joint Discussion Paper Series in Economics