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Browsing Department of Economics (ECO) by Author "AUSTER, Sarah"
Now showing items 1-2 of 2
Title:Asymmetric Awareness and Moral Hazzard
Author(s):AUSTER, SarahDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper introduces asymmetric awareness into the classical principal-agent model and discusses the optimal contract between a fully aware principal and an unaware agent. The principal enlarges the agent’s awareness ...
Title:Asymmetric Awareness and Moral Hazard
Author(s):AUSTER, SarahDate:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper introduces asymmetric awareness into the classical principal-agent model and discusses the optimal contract between a fully aware principal and an unaware agent. The principal enlarges the agent’s awareness ...