Dynamic Multiagent Incentive Contracts: Existence, Uniqueness,and Implementation

Dynamic Multiagent Incentive Contracts: Existence, Uniqueness,and Implementation

Multiagent incentive contracts are advanced techniques for solving decentralized decision-making problems with asymmetric information. The principal designs contracts aiming to incentivize non-cooperating agents to act in his or her interest. Due to the asymmetric information, the principal must bal...

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Bibliographic Details
Main Authors: Qi Luo, Romesh Saigal
Format: Article
Language:English
Published: MDPI AG 2021-12-01
Series:Mathematics
Subjects:
Nash equilibrium
moral hazard
differential game
dynamic programming
Online Access:https://www.mdpi.com/2227-7390/9/1/19

Internet

https://www.mdpi.com/2227-7390/9/1/19

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