Title:Damned if you do and damned if you don't : two masters Author(s):DUTTA, Rohan; LEVINE, David K.; MODICA, SalvatoreDate:2018Citation:
- Journal of economic theory, 2018, Vol. 177, pp. 101-125
Type:ArticleAbstract:We study common agency problems in which two principals (groups) make costly commitments to incentives that are conditioned on imperfect signals of the agent's action. Our framework allows for incentives to be either rewards ...