Team Incentives under Moral and Altruistic Preferences: Which Team to Choose?
This paper studies incentives provision when agents are characterized either by homo moralis preferences, i.e., their utility is represented by a convex combination of selfish preferences and Kantian morality, or by altruism. In a moral hazard in a team setting with two agents whose efforts affect o...
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| Format: | Article |
| Language: | English |
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MDPI AG
2017-09-01
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| Series: | Games |
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| Online Access: | https://www.mdpi.com/2073-4336/8/3/37 |