关系型执法

Relational enforcement

Theoretical Economics · 2024
被引 2
人大 AABS 4

中文导读

研究委托人如何激励代理人保持合规并如实报告违规行为,发现最优均衡中委托人通过确定性检查实现最大合规,并探讨随机检查的承诺问题。

Abstract

A principal incentivizes an agent to maintain compliance and to truthfully announce any breaches of compliance. Compliance is imperfectly controlled by the agent's private effort choices, is partially persistent, and is verifiable by the principal only through costly inspections. We show that in principal‐optimal equilibria, the principal enforces maximum compliance using deterministic inspections. Periodic inspection cycles are suspended during periods of self‐reported noncompliance, during which the agent is fined. We show how commitment to random inspections would benefit the principal, and discuss possible ways for the principal to overcome her commitment problem.

关系执法合规激励检查策略自我报告