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激励理论
  • (美)拉奉特(JEAN-JACQUESLAFFONT),DAVIDMARTIMORT著 著
  • 出版社: 北京;西安:世界图书出版公司
  • ISBN:9787510050503
  • 出版时间:2013
  • 标注页数:421页
  • 文件大小:52MB
  • 文件页数:434页
  • 主题词:激励理论-英文

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图书目录

Introduction1

1 Incentives in Economic Thought7

1.1 Adam Smith and Incentive Contracts in Agriculture8

1.2 Chester Barnard and Incentives in Management11

1.3 Hume,Wicksell,Groves:The Free-Rider Problem14

1.4 Borda,Bowen,Vickrey:Incentives in Voting15

1.5 Léon Walras and the Regulation of Natural Monopolies18

1.6 Knight,Arrow,Pauly:Incentives in Insurance18

1.7 Sidgwick,Vickrey,Mirrlees:Redistribution and Incentives20

1.8 Dupuit,Edgeworth,Pigou:Price Discrimination22

1.9 Incentives in Planned Economies23

1.10 Leonid Hurwicz and Mechanism Design25

1.11 Auctions27

2 The Rent Extraction-Efficiency Trade-Off28

2.1 The Basic Model32

2.2 The Complete Information Optimal Contract33

2.3 Incentive Feasible Menu of Contracts36

2.4 Information Rents39

2.5 The Optimization Program of the Principal40

2.6 The Rent Extraction-Efficiency Trade-Off41

2.7 The Theory of the Firm Under Asymmetric Information46

2.8 Asymmetric Information and Marginal Cost Pricing48

2.9 The Revelation Principle48

2.10 A More General Utility Function for the Agent51

2.11 Ex Ante versus Ex Post Participation Constraints57

2.12 Commitment63

2.13 Stochastic Mechanisms65

2.14 Informative Signals to Improve Contracting68

2.15 Contract Theory at Work72

Appendix81

3 Incentive and Participation Constraints with Adverse Selection82

3.1 More than Two Types86

3.2 Multidimensional Asymmetric Information93

3.3 Type-Dependent Participation Constraint and Countervailing Incentives101

3.4 Random Participation Constraint115

3.5 Limited Liability118

3.6 Audit Mechanisms and Costly State Verification121

3.7 Redistributive Concerns and the Efficiency-Equity Trade-Off130

Appendices134

4 Moral Hazard:The Basic Trade-Offs145

4.1 The Model148

4.2 Risk Neutrality and First-Best Implementation153

4.3 The Trade-Off Between Limited Liability Rent Extraction and Efficiency155

4.4 The Trade-Off Between Insurance and Efficiency158

4.5 More than Two Levels of Pefformance163

4.6 Informative Signals to Improve Contracting167

4.7 Moral Hazard and the Theory of the Firm172

4.8 Contract Theory at Work174

4.9 Commitment Under Moral Hazard184

Appendices185

5 Incentive and Participation Constraints with Moral Hazard187

5.1 More than Two Levels of Effort191

5.2 The Multitask Incentive Problem203

5.3 Nonseparability of the Utility Function226

5.4 Redistribution and Moral Hazard232

Appendices235

6 Nonverifiability240

6.1 No Contract at Date 0 and Ex Post Bargaining242

6.2 Incentive Compatible Contract244

6.3 Nash Implementation246

6.4 Subgame-Perfect Implementation256

6.5 Risk Aversion261

6.6 Concluding Remarks264

7 Mixed Models265

7.1 Adverse Selection Followed by Moral Hazard269

7.2 Moral Hazard Followed by Adverse Selection294

7.3 Moral Hazard Followed by Nonverifiability298

8 Dynamics under Full Commitment303

8.1 Repeated Adverse Selection307

8.2 Repeated Moral Hazard319

8.3 Constraints on Transfers:The Role of Implicit Incentives342

9 Limits and Extensions347

9.1 Informed Principal351

9.2 Limits to Enforcement360

9.3 Dynamics and Limited Commitment364

9.4 The Hold-Up Problem370

9.5 Limits to the Complexity of Contracts375

9.6 Limits in the Action Space387

9.7 Limits to Rational Behavior391

9.8 Endogenous Information Structures395

References399

Author Index413

Subject Index417

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