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.
I have a question about the book:
‘The Theory of Incentives - Laffont, Jean-Jacques, Martimort, David’.
Fill in the form below.
We will respond as fast as possible.
