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Efficiency and equity in dynamic principal-agent problems

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  • T. Ramamohan Rao
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    File URL: http://hdl.handle.net/10.1007/BF01236006
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Economics Zeitschrift für Nationalökonomie.

    Volume (Year): 55 (1992)
    Issue (Month): 1 (February)
    Pages: 17-41

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    Handle: RePEc:kap:jeczfn:v:55:y:1992:i:1:p:17-41

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    Web page: http://www.springerlink.com/link.asp?id=108909

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    1. Drew Fudenberg and Jean Tirole., 1986. "Noncooperative Game Theory for Industrial Organization: An Introduction and Overview," Economics Working Papers 8613, University of California at Berkeley.
    2. Hoel, Michael, 1978. "Distribution and Growth as a Differential Game between Workers and Capitalists," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 19(2), pages 335-50, June.
    3. Malcomson, James M & Spinnewyn, Frans, 1988. "The Multiperiod Principal-Agent Problem," Review of Economic Studies, Wiley Blackwell, vol. 55(3), pages 391-407, July.
    4. Cremer, Jacques, 1986. "Cooperation in Ongoing Organizations," The Quarterly Journal of Economics, MIT Press, vol. 101(1), pages 33-49, February.
    5. Kaitala, Veijo & Pohjola, Matti, 1990. "Economic Development and Agreeable Redistribution in Capitalism: Efficient Game Equilibria in a Two-Class Neoclassical Growth Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(2), pages 421-38, May.
    6. Carlton, Dennis W., 1989. "The theory and the facts of how markets clear: Is industrial organization valuable for understanding macroeconomics?," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 15, pages 909-946 Elsevier.
    7. Mailath, George J & Postlewaite, Andrew, 1990. "Workers versus Firms: Bargaining over a Firm's Value," Review of Economic Studies, Wiley Blackwell, vol. 57(3), pages 369-80, July.
    8. Haurie, Alain & Pohjola, Matti, 1987. "Efficient equilibria in a differential game of capitalism," Journal of Economic Dynamics and Control, Elsevier, vol. 11(1), pages 65-78, March.
    9. Lancaster, Kelvin, 1973. "The Dynamic Inefficiency of Capitalism," Journal of Political Economy, University of Chicago Press, vol. 81(5), pages 1092-1109, Sept.-Oct.
    10. Gradus, R.H.J.M., 1987. "The reaction of the firm on governmental policy: A game-theoretical approach," Research Memorandum 250, Tilburg University, Faculty of Economics and Business Administration.
    11. Benhabib, Jess & Ferri, Giovanni, 1987. "Bargaining and the evolution of cooperation in a dynamic game," Economics Letters, Elsevier, vol. 24(2), pages 107-111.
    12. Glenn M. MacDonald, 1984. "New Directions in the Economic Theory of Agency," Canadian Journal of Economics, Canadian Economics Association, vol. 17(3), pages 415-40, August.
    13. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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