Principal Agent problem with common agency without communication


In this paper, we consider a problem of contract theory in which several Principals hire a common Agent in the continuous time setting. We show that optimal contracts should satisfy some equilibrium conditions and we reduce... [ view full abstract ]


  1. Thibaut Mastrolia (Ecole Polytechnique-CMAP)

Topic Areas

Contract Theory , Equilibrium Models , Optimal Control


WE-P-BU » Equilibria and Games (14:30 - Wednesday, 18th July, Burke Theater)

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