Tagged Questions
11
votes
2answers
429 views
Game-theory strategies to overcome holdout problem?
The hold-out problem often occurs in debt-restructuring or in urban development.
The hold-out problem is defined where an agent, for example a land developer, must negotiate with many lot owners and ...
4
votes
4answers
66 views
What is a good book for studying incentives?
I am looking for a book, which gives a broad overview of all the main theories regarding incentives. Using this book, I would like to further my understanding of things like:
Why slot machines ...
7
votes
3answers
41 views
How can you limit excessive risk-taking at the institutional level?
Some firms have a compensation structure that encourages risk-taking while insulating employees from the bad consequences of their decisions. This creates the potential for moral hazard.
I started ...
