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The Theory of Incentives: The Principal-Agent Model
Jean-Jacques Laffont
The Theory of Incentives: The Principal-Agent Model
Jean-Jacques Laffont
Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: adverse selection, moral hazard, and non-verifiability.
440 pages, 70 line illus.
Media | Books Paperback Book (Book with soft cover and glued back) |
Released | January 15, 2002 |
ISBN13 | 9780691091846 |
Publishers | Princeton University Press |
Pages | 440 |
Dimensions | 177 × 252 × 28 mm · 800 g |
Language | English |
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