A Negishi Approach to Recursive Contracts.
In this paper, we argue that a large class of recursive contracts can be studied by means of the conventional Negishi method. A planner is responsible for prescribing current actions along with a distribution of future utility values to all agents, so as to maximize their weighted sum of utilities....
| Publicado en: | Econometrica Vol. 90; no. 6; pp. 2821 - 2856 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Nov2022
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |