Auflistung nach Autor "Inderst, Roman"
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Only Time will Tell: A Theory of Deferred Compensation
Hoffmann, Florian; Inderst, Roman; Opp, Marcus M. (2018-08-09)This paper provides a complete characterization of optimal contracts in principal-agent settings where the agent's action has persistent effects. We model general information environments via the stochastic process of the ...