The economics of information and piecewise linear limited liability profit sharing contracts
This thesis makes a theoretical contribution to the design of profit-sharing contracts which maximise the surplus a principal extracts from an agency relationship, whereby a pay floor limits the liability of an agent in low profit states, and information is either unilaterally or bilaterally asymmet...
Saved in:
| Main Author: | |
|---|---|
| Format: | Default Thesis |
| Published: |
2000
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/27586 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|