Blar i Publikasjoner fra CRIStin på tidsskrift "Management science"
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Relational Contracts, Multiple Agents, and Correlated Outputs
(Peer reviewed; Journal article, 2019-11)We analyze relational contracts between a principal and a set of risk-neutral agents whose outputs are correlated. When only the agents’ aggregate output can be observed, a team incentive scheme is shown to be optimal, ...