Behavioural biases and contract theory
This thesis studies how concepts of behavioural biases and bounded rationality affect classical results in contract theory and industrial organization. Chapter 2 studies the concept of naïveté (Strotz, 1956) in a principal agent model. Agents are assumed to be unaware of their true type, and formbia...
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University of Leicester
2016
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.692489 |