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A free-rider problem with a free-riding principal

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  • Shasikanta Nandeibam
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    File URL: http://hdl.handle.net/10.1007/BF02716624
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    Bibliographic Info

    Article provided by Springer in its journal Economic Design.

    Volume (Year): 1 (1994)
    Issue (Month): 1 (December)
    Pages: 227-250

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    Handle: RePEc:spr:reecde:v:1:y:1994:i:1:p:227-250

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    Related research

    Keywords: D21; D23; L22; Principal; Agent(s); Moral hazard; Payment function; Output sharing rule; Noncooperative game of production; Optimal outcome;

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    1. Stiglitz, Joseph E, 1974. "Incentives and Risk Sharing in Sharecropping," Review of Economic Studies, Wiley Blackwell, Wiley Blackwell, vol. 41(2), pages 219-55, April.
    2. Legros, Patrick & Matsushima, Hitoshi, 1991. "Efficiency in partnerships," Journal of Economic Theory, Elsevier, vol. 55(2), pages 296-322, December.
    3. Harris, Milton & Raviv, Artur, 1979. "Optimal incentive contracts with imperfect information," Journal of Economic Theory, Elsevier, vol. 20(2), pages 231-259, April.
    4. Eswaran, Mukesh & Kotwal, Ashok, 1985. "A Theory of Contractual Structure in Agriculture," American Economic Review, American Economic Association, vol. 75(3), pages 352-67, June.
    5. Rees, Ray, 1985. "The Theory of Principal and Agent: Part 2," Bulletin of Economic Research, Wiley Blackwell, vol. 37(2), pages 75-95, May.
    6. Kleindorfer, Paul R. & Sertel, Murat R., 1979. "Profit-maximizing design of enterprises through incentives," Journal of Economic Theory, Elsevier, vol. 20(3), pages 318-339, June.
    7. Rees, Ray, 1985. "The Theory of Principal and Agent: Part 1," Bulletin of Economic Research, Wiley Blackwell, vol. 37(1), pages 3-26, January.
    8. Weymark, John A., 1986. "A reduced-form optimal nonlinear income tax problem," Journal of Public Economics, Elsevier, vol. 30(2), pages 199-217, July.
    9. Sappington, David, 1983. "Limited liability contracts between principal and agent," Journal of Economic Theory, Elsevier, vol. 29(1), pages 1-21, February.
    10. Carmichael, H Lorne, 1983. "The Agent-Agents Problem: Payment by Relative Output," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 1(1), pages 50-65, January.
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