Editorial Reviews. Review. “Incentive theory is at the very core of economics. This text is a In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to . The Theory of Incentives: The Principal-Agent Model / J.J. Laffont, D. Martimort. Article (PDF Available) · January with 10, Reads. Export this citation. By Nicola Giocoli; Jean-Jacques Laffont and David Martimort, The Theory of Incentives. The Principal – Agent Model, Princeton and Oxford.

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This book focuses on the principal-agent model, the “simple” situation where a principal, or company, delegates a task to a single agent through a contract–the essence of management and contract theory.

The Theory of Incentives (eBook, PDF)

Redistribution and Incentives 20 1. Fahad Khalil University of Washington Verified email at uw. Collusion and the organization of delegated expertise D Gromb, D Martimort Journal of laffnt theory 1, Central to this theory is a simple question as pivotal to modern-day management as it is to economics research: Offering an unprecedented look at a subject vital to industrial organization, labor economics, and behavioral economics, this book is set to become the definitive resource for students, researchers, and others who might find themselves pondering what contracts, and the incentives they embody, are really all about.

The effect of policy tge and technology on sustainable land management and income of small farm households eBook, PDF. The life cycle of regulatory agencies: The following articles are merged in Scholar.

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Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun to emerge to place the topic at the heart of economic thinking. How does the owner or manager of a firm align the objectives of its various members to maximize profits? The multiprincipal nature of government D Martimort European Economic Review 40, The theory of incentives: The Review of Economic Studies 70 2, Their combined citations are counted only for the first article.

What makes people act in a particular way in an economic or business situation? New citations to this author. The Free-Rider Problem 14 1. In this book, Jean-Jacques Laffpnt and David Martimort present the most thorough yet accessible introduction to incentives theory to date.

New articles related to this author’s research.

This “Cited by” count includes citations to the following articles in Martmiort. Journal of International Economics 42, Articles Cited by Co-authors. Economics has much to do with incentives–not least, incentives to work hard, to produce quality products, to study, to invest, and to save.

Books by Jean-Jacques Laffont (Author of The Theory of Incentives)

The Review of Economic Studies 66 4, Wilfried sand zantman Toulouse School of Economics Verified email at tse-fr. Title Cited by Year The theory of incentives: Following a brief historical overview showing how the problem of oof has come to the fore in the past two incdntives, the authors devote the bulk of their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: The system can’t perform the operation now.

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Price Discrimination 22 1. Transaction costs, politics, regulatory institutions, and regulatory outcomes A Estache, D Martimort Regulatory policy in Latin America: New articles by this author.

Regulatory policy in Latin America: To build or not to build: Central to this theory is a simple question as pivotal to modern-day management as it is to …mehr. Journal of the Econometric Society, The revelation and delegation principles in common agency games D Martimort, L Stole Econometrica 70 4, Get my own profile Cited by View all All Since Citations h-index 43 30 iindex 83 Incentives in Insurance 18 1.

The Theory of Incentives: The Principal-Agent Model | TSE

Um Ihnen ein besseres Nutzererlebnis zu bieten, verwenden wir Cookies. Incentives in Voting 15 1. My profile My library Metrics Alerts.

He has published extensively in public economics, incentive theory, development economics and economics of regulation. Annales d’Economie et de Statistique, Normative and positive theories of public—private partnerships D Martimort, J Pouyet International Journal of Industrial Organization 26 2, Journal of Public Economic Theory 17 1, incenives Email address for updates.

The Theory of Incentives: The Principal-Agent Model

In seeking an answer, the authors provide the methodological tools to design institutions that can ensure good incentives for economic agents.

The Basic Trade-Offs 4.

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