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On the Use of Hierarchies to Complete Contracts when Players Have Limited Abilities

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  • M. Martin Boyer

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  • M. Martin Boyer, 2004. "On the Use of Hierarchies to Complete Contracts when Players Have Limited Abilities," CIRANO Working Papers 2004s-41, CIRANO.
    • Handle: RePEc:cir:cirwor:2004s-41
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    More about this item

    Keywords

    hierarchies; contract theory; complexity; correlated information; hiérarchies; théorie des contrats; complexité; information corrélée;
    All these keywords.

    JEL classification:

    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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