G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6479
DP6479 Multilateral Subsidy Games
Peter Neary; Dermot Leahy
发表日期2007-09-21
出版年2007
语种英语
摘要We study a two-period moral hazard problem with risk-neutral and wealth-constrained agents and three identical tasks. We show that the allocation of tasks over time is important if there is a capacity constraint on the number of tasks that can be performed in one period. We characterize the optimal schedule of tasks over time and the optimal assignment of tasks to agents conditional on the outcomes of previous tasks. In particular, we show that delaying tasks is optimal if and only if the effect of an agent's effort on the probability of success is relatively low.
主题Industrial Organization
关键词Hidden actions Job design Limited liability Task assignment
URLhttps://cepr.org/publications/dp6479
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535298
推荐引用方式
GB/T 7714
Peter Neary,Dermot Leahy. DP6479 Multilateral Subsidy Games. 2007.
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