Divide, multitask, and conquer: Coordination in channel regulation
نویسندگان
چکیده
منابع مشابه
Coordination and discrimination in contracting with externalities: divide and conquer?
The paper studies bilateral contracting between N agents and one principal, whose trade with each agent generates externalities on other agents. It examines the effects of prohibiting the principal from (i) coordinating agents on her preferred equilibrium, and (ii) making different contracts available to different agents. These effects depend on whether an agent is more or less eager to trade w...
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ژورنال
عنوان ژورنال: Channels
سال: 2017
ISSN: 1933-6950,1933-6969
DOI: 10.1080/19336950.2017.1292814