On the generalized principal-agent problem: Decomposition and existence results

• 1 March 2000
• journal article
• Published by Springer Nature in Review of Economic Design
• Vol. 5  (1) , 23-58
• https://doi.org/10.1007/s100580050046

Abstract

Keywords

• MORAL HAZARD
• SEPARABILITY
• GENERALIZED AGENCY
• ADVERSE SELECTION
• EXISTENCE
• OPTIMIZATION PROBLEM
• DISTRIBUTION FUNCTION
• PRINCIPAL AGENT PROBLEM
• PRIVATE INFORMATION
• FIRST ORDER
• SATISFIABILITY
• AGENCY PROBLEM
• CLOSED FORM SOLUTION