How an ineffective agent can increase his budget
How an ineffective agent can increase his budget
复制标题
效率低下的代理人如何增加预算
DOI:
10.1111/ecpo.12162
复制
发表时间:
2021
影响因子:
1
通讯作者:
Amihai Glazer
中科院分区:
文献类型:
--
作者:
Terai;Kimiko;Amihai Glazer
A principal aware that an agent exerts little effort will nevertheless fund the agent, because the principal values the output the agent produces. The agent in turn decides how hard to work by anticipating how his behavior affects the budget the principal will give him. Under some conditions, the principal gives the agent large budgets anticipating that the agent will not work hard. The corrupt environment aggravates the problem. An agent who can set the budget ameliorates the problem, though incompletely.
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