| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20729 |
| 来源ID | Working Paper 20729 |
| The Generalized Informativeness Principle | |
| Pierre Chaigneau; Alex Edmans; Daniel Gottlieb | |
| 发表日期 | 2014-12-08 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | This paper shows that the informativeness principle, as originally formulated by Holmstrom (1979), does not hold if the first-order approach is invalid. We introduce a "generalized informativeness principle" that takes into account non-local incentive constraints and holds generically, even without the first-order approach. Our result holds for both separable and non-separable utility functions. |
| 主题 | Microeconomics ; Economics of Information ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w20729 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578404 |
| 推荐引用方式 GB/T 7714 | Pierre Chaigneau,Alex Edmans,Daniel Gottlieb. The Generalized Informativeness Principle. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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