Multiprincipals multiagents incentive design

نویسندگان
چکیده

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Incentive Efficient Market Design∗

I study an environment with many competing uninformed sellers, one informed buyer, common values and exclusive contracts. I build on the seminal contributions of Rothschild-Stiglitz (1976), Myerson (1983) and Maskin-Tirole (1992) to construct a novel market mechanism, that combines signaling and screening features, and implements interim incentive efficient allocations as equilibria. In the mar...

متن کامل

Incentive Design under Loss Aversion

Compensation schemes often reward success but do not penalize failure. Fixed salaries with stock options or bonuses have this feature. Yet the standard principal–agent model implies that pay is normally monotonically increasing in performance. This paper shows that, under loss aversion, there will be intervals over which pay is insensitive to performance, with the use of carrots but not sticks ...

متن کامل

Incentive design for adaptive agents

We consider a setting in which a principal seeks to induce an adaptive agent to select a target action by providing incentives on one or more actions. The agent maintains a belief about the value for each action—which may update based on experience—and selects at each time step the action with the maximal sum of value and associated incentive. The principal observes the agent’s selection, but h...

متن کامل

A case for holistic incentive design

Introduction As distributed systems that span multiple administrative domains proliferate, robust protocols increasingly need to incorporate the incentives of multiple stakeholders into their design. A significant challenge in designing incentive aware systems is layering: where are incentives required? who are the principals? Peer-to-peer systems (P2P) push these challenges to the limit. Users...

متن کامل

Incentive Design for Home Computer Security

People are the weakest link in security (Anderson, 1993). People write passwords on sticky notes on the screen. People don’t patch their home systems and become botnet zombies. People choose whether to label a patch critical or just recommended. Our motivating insight is that these actions generally reflect motivated behavior in response to the configuration of incentives confronting individual...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Review of Economic Design

سال: 2001

ISSN: 1434-4742

DOI: 10.1007/pl00013693