Auto-monitoring: Theoretical touchstone or circular catch-all?
نویسندگان
چکیده
منابع مشابه
All-or-Nothing Monitoring
A principal can observe both the output and input of an agent who works at a job involving multiple tasks. We provide a simple theory that explains why it may be optimal for the principal to use only output-based incentive contract, even though the principal can monitor the agent’s actions perfectly in all but one task and knows exactly which action is optimal for each task. (JEL: D82, M5, J33)
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ژورنال
عنوان ژورنال: ALT-J
سال: 1994
ISSN: 0968-7769,1741-1629
DOI: 10.1080/0968776940020106