IDEAS home Printed from https://ideas.repec.org/p/arx/papers/1811.00455.html
   My bibliography  Save this paper

Corrigendum to "Managerial Incentive Problems: A Dynamic Perspective"

Author

Listed:
  • Sander Heinsalu

Abstract

This paper corrects some mathematical errors in Holmstr\"om (1999) and clarifies the assumptions that are sufficient for the results of Holmstr\"om (1999). The results remain qualitatively the same.

Suggested Citation

  • Sander Heinsalu, 2018. "Corrigendum to "Managerial Incentive Problems: A Dynamic Perspective"," Papers 1811.00455, arXiv.org, revised Nov 2018.
    • Handle: RePEc:arx:papers:1811.00455
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/1811.00455
    File Function: Latest version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mailath, George J. & Samuelson, Larry, 2006. "Repeated Games and Reputations: Long-Run Relationships," OUP Catalogue, Oxford University Press, number 9780195300796.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Juan‐Pablo Montero & Juan Ignacio Guzman, 2010. "Output‐Expanding Collusion In The Presence Of A Competitive Fringe," Journal of Industrial Economics, Wiley Blackwell, vol. 58(1), pages 106-126, March.
    2. Ekmekci, Mehmet & Gossner, Olivier & Wilson, Andrea, 2012. "Impermanent types and permanent reputations," Journal of Economic Theory, Elsevier, vol. 147(1), pages 162-178.
    3. Tobias Salz & Emanuel Vespa, 2020. "Estimating dynamic games of oligopolistic competition: an experimental investigation," RAND Journal of Economics, RAND Corporation, vol. 51(2), pages 447-469, June.
    4. Daron Acemoglu & Matthew O. Jackson, 2017. "Social Norms and the Enforcement of Laws," Journal of the European Economic Association, European Economic Association, vol. 15(2), pages 245-295.
    5. Kimmo Berg & Gijs Schoenmakers, 2017. "Construction of Subgame-Perfect Mixed-Strategy Equilibria in Repeated Games," Games, MDPI, vol. 8(4), pages 1-14, November.
    6. , & ,, 2015. "A folk theorem for stochastic games with infrequent state changes," Theoretical Economics, Econometric Society, vol. 10(1), January.
    7. Ernesto Dal Bó & Pedro Dal Bó & Rafael Di Tella, 2007. "Reputation When Threats and Transfers Are Available," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(3), pages 577-598, September.
    8. Carmona, Guilherme & Carvalho, Luís, 2016. "Repeated two-person zero-sum games with unequal discounting and private monitoring," Journal of Mathematical Economics, Elsevier, vol. 63(C), pages 131-138.
    9. Bramoullé, Yann & Goyal, Sanjeev, 2016. "Favoritism," Journal of Development Economics, Elsevier, vol. 122(C), pages 16-27.
    10. Nicolas Vieille, 2010. "Recursive Methods in Discounted Stochastic Games: An Algorithm for - 1 and a Folk Theorem," Post-Print hal-00543616, HAL.
    11. Christian Hilbe & Moshe Hoffman & Martin A. Nowak, 2015. "Cooperate without Looking in a Non-Repeated Game," Games, MDPI, vol. 6(4), pages 1-15, September.
    12. Strobl, Günter, 2022. "A theory of procyclical market liquidity," Journal of Economic Dynamics and Control, Elsevier, vol. 138(C).
    13. Larionov, Daniil, 2023. "Full surplus extraction from colluding bidders," ZEW Discussion Papers 23-029, ZEW - Leibniz Centre for European Economic Research.
    14. Loukas Dimitriou & Theodore Tsekeris, 2009. "Evolutionary game-theoretic model for dynamic congestion pricing in multi-class traffic networks," Netnomics, Springer, vol. 10(1), pages 103-121, April.
    15. , H. & ,, 2016. "Approximate efficiency in repeated games with side-payments and correlated signals," Theoretical Economics, Econometric Society, vol. 11(1), January.
    16. Matsushima Hitoshi, 2020. "Behavioral Theory of Repeated Prisoner’s Dilemma: Generous Tit-For-Tat Strategy," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 20(1), pages 1-11, January.
    17. Alcalde, Pilar & Vial, Bernardita, 2016. "Willingness to Pay for Firm Reputation: Paying for Risk Rating in the Annuity Market," MPRA Paper 68993, University Library of Munich, Germany.
    18. Philippe Jehiel & Larry Samuelson, 2012. "Reputation with Analogical Reasoning," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 127(4), pages 1927-1969.
    19. Luca Anderlini & Dino Gerardi & Roger Lagunoff, 2012. "Communication and Learning," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(2), pages 419-450.
    20. Do, Jihwan & Miklós-Thal, Jeanine, 2023. "Partial secrecy in vertical contracting," International Journal of Industrial Organization, Elsevier, vol. 90(C).

    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:arx:papers:1811.00455. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.