全有或全无的监督

All-or-Nothing Monitoring

American Economic Review · 2008
被引 37
人大 A+FT50ABS 4*

中文导读

解释为何委托人即使能完美监督代理人除一项任务外的所有行动,仍可能只采用基于产出的激励合同,而不利用监督信息。

Abstract

A principal can observe both the output and input of an agent who works at a job involving multiple tasks. We provide a simple theory that explains why it may be optimal for the principal to use only an output-based incentive contract, even though the principal can monitor the agent's actions perfectly in all but one task and knows exactly which action is optimal for each task.

完全监控多任务代理产出激励合同最优契约