Designing Deadlines
研究组织如何管理范围不确定的项目，当顾问有私人信息且偏好延长雇佣时，最优长期合同结合项目截止日期和随截止日期临近而递减的激励支付。
I study how an organization should manage a project of uncertain scope, when it is advised by a privately informed expert who prefers to prolong his employment. The optimal long-term contract combines a deadline for project completion and incentive payments which decline as the deadline approaches. When the firm can additionally learn about the project's state from output, the optimal deadline exhibits variable sensitivity to output, with a hard deadline at the outset of the project and increasingly soft deadlines as the project's performance declines.