The Theory of Incentives
€66.90
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Product Information
| ISBN | 9780691091846 |
|---|---|
| Publisher | Princeton University Press |
| Price (excl. tax) | €63.11 |
| Tax | €3.79 |
| Price (incl. tax) | €66.90 |
| Availability | 2 units in external warehouse |
Product Description
Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability.