Essays on Contract Design and Incentive Provision

Essays on Contract Design and Incentive Provision
Author: Eva I. Hoppe-Fischer
Publisher: Springer
Total Pages: 217
Release: 2019-02-19
Genre: Business & Economics
ISBN: 3658241330

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Contract theory, which emphasizes the importance of unverifiable actions and private information, has been a highly active field of research in microeconomics in the last decades. This thesis is divided into two parts. Part I consists of three chapters that study contract-theoretic models which are motivated by the classic procurement problem of a principal who wants an agent to deliver a certain good or service. In such models it is typically assumed that decision makers are interested in their own monetary payoffs only. Moreover, they have unlimited cognitive abilities and behave in a perfectly rational way. Yet, in practice people often do not behave this way. While empirical research is very difficult in contract theory, laboratory experiments have recently turned out to be an important source of data. In Part II, three experimental studies are presented that investigate contract-theoretic problems brought up in Part I.


Essays on Contract Design and Incentive Provision
Language: en
Pages: 217
Authors: Eva I. Hoppe-Fischer
Categories: Business & Economics
Type: BOOK - Published: 2019-02-19 - Publisher: Springer

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Contract theory, which emphasizes the importance of unverifiable actions and private information, has been a highly active field of research in microeconomics i
Essays on Optimal Contract Design
Language: en
Pages: 136
Authors: Jin Xu
Categories:
Type: BOOK - Published: 2013 - Publisher:

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The optimal compensation contract is a very important issue for firms. Some empirical findings of wage structure in internal labor market are puzzling. For exam
Essays on Contract Theory
Language: en
Pages: 87
Authors: Alice Peng-Ju Su
Categories:
Type: BOOK - Published: 2014 - Publisher:

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This dissertation is primarily on the contractual design to account for various source of information asymmetry in a principal-agent(s) relationship. In the fir
Essays in Contract Design Under Incomplete Enforcement
Language: en
Pages: 185
Authors: Paula Cordero-Salas
Categories:
Type: BOOK - Published: 2011 - Publisher:

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Abstract: This dissertation applies relational contract theory to study the optimal incentive provision in situations when formal enforcement is too costly. Ess
Essays in Robust Mechanism and Contract Design
Language: en
Pages:
Authors: Aleksei Suzdaltsev
Categories:
Type: BOOK - Published: 2020 - Publisher:

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In this thesis, we propose solutions to three problems in the area of robust mechanism design. The first two problems concern revenue maximization by a seller f