Motivating wealth-constrained actors.

We examine how owners of productive resources (e.g., public enterprises or financial capital) optimally allocate their resources among wealth-constrained operators of unknown ability. Optimal allocations exhibit: (1) shared enterprise profit—the resource owner always shares the operator's profit;...

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Detalles Bibliográficos

Publicado en:	American Economic Review Vol. 90; no. 4; pp. 944 - 961
Autores principales:	Lewis, Tracy R., Sappington, David E. M.
Formato:	Artículo
Publicado:	American Economic Association September 2000
Materias:	Resource allocation > Mathematical models Wealth Mathematical models
Acceso en línea:	Ver este registro en EBSCOhost