Advanced Search
MyIDEAS: Login to save this paper or follow this series

Contract Theory: A Programming-Model Approach

Contents:

Author Info

  • Hideo Hashimoto

    (Osaka University)

  • Kojun Hamada

    (Niigata University)

  • Nobuhiro Hosoe

    (National Graduate Institute for Policy Studies)

Abstract

This is a study to develop and solve numerical models based on Itoh’s (2003, Ch. 1) “Parts Supply Problems” for better understanding the contract theory. In the first part of this paper, by following Itoh (2003) we investigate 2- and 3-agent type cases; in the succeeding part, by using numerical examples, we examine how likely the simplifying assumptions often used in theoretical analysis are to hold. Finally, we demonstrate that we can extend these basic models to ones with a much larger number of agent types easily by exploiting the merit of our programming-model approach.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://r-center.grips.ac.jp/gallery/docs/10-34Revised201105011.pdf
Download Restriction: no

File URL: http://r-center.grips.ac.jp/gallery/docs/HHH2011.zip
Download Restriction: no

Bibliographic Info

Paper provided by National Graduate Institute for Policy Studies in its series GRIPS Discussion Papers with number 10-34.

as in new window
Length: 53 pages
Date of creation: Mar 2011
Date of revision:
Handle: RePEc:ngi:dpaper:10-34

Contact details of provider:
Postal: 7-22-1 Roppongi, Minato-ku, Tokyo, Japan 106-8677
Phone: +81-(0)3-6439-6000
Fax: +81-(0)3-6439-6010
Web page: http://www.grips.ac.jp/r-center/en/discussion_papers/
More information through EDIRC

Related research

Keywords: Principal-agent problem; adverse selection; numerical model; single-crossing property; monotonicity;

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Hideo Hashimoto & Kojun Hamada & Nobuhiro Hosoe, 2012. "A Numerical Approach to the Contract Theory: the Case of Adverse Selection," GRIPS Discussion Papers 11-27, National Graduate Institute for Policy Studies.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ngi:dpaper:10-34. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.