Florian Hoffmann, Roman Inderst,Florian Hoffmann, Roman Inderst,
We characterize optimal contracts in settings where the principal observes informative signals over time about the agent's one-time action. If...
Ehsan Azarmsa,Ehsan Azarmsa,
Lin William Cong (叢林)
Relationship financing of innovative projects, as is common in bank lending and venture capital, features incumbent financiers' observing interim information...