Contract Theory¶
Bolton, P., & Dewatripont, M. (2004). Contract Theory. The MIT Press.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Screening
- develop this delegation logic in their canonical contract-theory treatment.
This sourceComprehensive contract-theory treatment; develops the delegation logic by which screening menus shift type-revelation from the principal to the agent, including detailed derivations of optimal menu design under adverse selection.
- develop this delegation logic in their canonical contract-theory treatment.
Mechanisms¶
- Risk-Adjusted Contract
- Terms this intricate are hard to reason about and easy to over- or under-restrict, and if they start tracking the actor's type rather than their controllable behavior, the method slides out of moral-hazard mitigation into hidden-type screening or unfair exclusion.
This sourceDistinguishes hidden-type screening from moral-hazard contracting for unobservable actions.
- Terms this intricate are hard to reason about and easy to over- or under-restrict, and if they start tracking the actor's type rather than their controllable behavior, the method slides out of moral-hazard mitigation into hidden-type screening or unfair exclusion.
Verification¶
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Does it back the claim? Not recorded. Neither this nor any other of the 2 citations of this work carries a recorded support check.
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Registry ID ref:f136f465e457 · see in the full table