Optimal bunching without optimal control

• 成果类型: Article
• 署名作者: Noeldeke, Georg; Samuelson, Larry
• 署名单位: University of Wisconsin System; University of Wisconsin Madison; University of Bonn
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1016/j.jet.2006.01.001
• 发表日期: 2007
• 页码: 405-420
• 关键词: Principal-agent problem; Bunching; Non-linear pricing; assignment approach

摘要

This paper presents simple sufficient conditions under which optimal bunches in adverse-selection principal-agent problems can be characterized without using optimal control theory. (c) 2006 Elsevier Inc. All rights reserved.