Papers

RESET

Tags

Only time will tell: A Theory of Deferred Compensation

Florian Hoffmann, Roman Inderst,Florian Hoffmann, Roman Inderst, Marcus Opp   Oct 09,2017

We characterize optimal contracts in settings where the principal observes informative signals over time about the agent's one-time action. If... Read More

Insider Investor and Information

Ehsan Azarmsa,Ehsan Azarmsa, Lin William Cong (叢林)   Aug 18,2017

Relationship financing of innovative projects, as is common in bank lending and venture capital, features incumbent financiers' observing interim information... Read More