IDEAS home Printed from https://ideas.repec.org/a/ecm/emetrp/v59y1991i3p611-36.html
   My bibliography  Save this article

Incentives to Help in Multi-agent Situations

Author

Listed:
  • Itoh, Hideshi

Abstract

This paper concerns moral hazard problems in multiagent situations where cooperation is an issue. Each agent allocates effort to his own task and to other tasks as "help." The principal may prefer an unambiguous division of labor by inducing each agent to specialize in his own task, or prefer teamwork where each agent is motivated to help other agents. A sufficient condition for teamwork to be optimal is presented. A nonconvexity of the optimal task structure is also shown: the principal wants either strict specialization or substantial teamwork. Copyright 1991 by The Econometric Society.

Suggested Citation

  • Itoh, Hideshi, 1991. "Incentives to Help in Multi-agent Situations," Econometrica, Econometric Society, vol. 59(3), pages 611-636, May.
  • Handle: RePEc:ecm:emetrp:v:59:y:1991:i:3:p:611-36
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0012-9682%28199105%2959%3A3%3C611%3AITHIMS%3E2.0.CO%3B2-X&origin=repec
    File Function: full text
    Download Restriction: Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecm:emetrp:v:59:y:1991:i:3:p:611-36. 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: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum). General contact details of provider: http://edirc.repec.org/data/essssea.html .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.