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Contracting with Multiple Productive Agents

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Part of the Springer Series in Accounting Scholarship book series (KLAS,volume 2)

Keywords

  • Nash Equilibrium
  • Optimal Contract
  • Hurdle Model
  • General Partner
  • Incentive Compatibility Constraint

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References

  • Demski, J. S., and D. Sappington. (1984) “Optimal Incentive Contracts with Multiple Agents,” Journal of Accounting and Economics 33, 152–171.

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  • Feltham, G. A., and C. Hofmann. (2005a) “Limited Commitment in Multi-agent Contracting,” Working Paper, University of British Columbia.

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  • Feltham, G. A., and C. Hofmann. (2005b) “The Value of Alternative Reporting Systems in Multi-agent Hierarchies,” Working Paper, University of British Columbia

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  • Glover, J. (1994) “A Simpler Mechanism that Stops Agents from Cheating,” Journal of Economic Theory 62, 221–229.

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  • Holmström, B. (1982) “Moral Hazard in Teams,” Bell Journal of Economics 13, 324–340.

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  • Ma, C. (1988) “Unique Implementation of Incentive Contracts with Many Agents,” Review of Economic Studies 55, 555–571.

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  • Ma, C, J. Moore, and S. Tumbull. (1988) “Stopping Agents from ‘Cheating,’” Journal of Economic Theory 46, 355–372.

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(2005). Contracting with Multiple Productive Agents. In: Economics of Accounting. Springer Series in Accounting Scholarship, vol 2. Springer, Boston, MA. https://doi.org/10.1007/0-387-26599-6_14

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