Retention Contracts under Partial Information Electoral Competition Case Study
أغسطس 01, 2022
zina houhamdi
Belkacem Athamena
Ghaleb El Refae
This study copes with a class of principal-agent problems where information asymmetry represents an important characteristic. The paper examines the relationship between the principal and agents. The principal has to perform two agents’ screening and discipline tasks. To complete his duties, the principal lacks complete information concerning the agents’ behavior and rarely has partial information regarding the failure or success of launched tactics, alliances, rationalization, etc. We analyze ...