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On the value of information in the presence of moral hazard

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  • G. Rodriguez

Abstract

No abstract is available for this item.

Suggested Citation

  • G. Rodriguez, 2007. "On the value of information in the presence of moral hazard," Review of Economic Design, Springer;Society for Economic Design, vol. 10(4), pages 341-361, March.
    • Handle: RePEc:spr:reecde:v:10:y:2007:i:4:p:341-361
    DOI: 10.1007/s10058-007-0021-8
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    References listed on IDEAS

    as
    1. Araujo, Aloisio & Moreira, Humberto, 2001. "A general Lagrangian approach for non-concave moral hazard problems," Journal of Mathematical Economics, Elsevier, vol. 35(1), pages 17-39, February.
    2. Paul Milgrom & Ilya Segal, 2002. "Envelope Theorems for Arbitrary Choice Sets," Econometrica, Econometric Society, vol. 70(2), pages 583-601, March.
    3. Grossman, Sanford J & Hart, Oliver D, 1983. "An Analysis of the Principal-Agent Problem," Econometrica, Econometric Society, vol. 51(1), pages 7-45, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Value of information; Principal-agent model; Moral hazard; D81; D8; C7;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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