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Multitask principal–agent problems: Optimal contracts, fragility, and effort misallocation
16 references·7 citing·46 second hop
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this work references cited by second hop

References

  • 1979Moral Hazard and Observability8,358 cited
  • 1991Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design6,042 cited
  • 2001Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking2,006 cited
  • 1993The O-Ring Theory of Economic Development1,637 cited
  • 1990Limited liability and incentive contracting with ex-ante action choices925 cited
  • 1985The First-Order Approach to Principal-Agent Problems870 cited
  • 1999The Theory of Moral Hazard and Unobservable Behaviour: Part I610 cited
  • 1988Justifying the First-Order Approach to Principal-Agent Problems511 cited
  • 2004Financial Fragility, Liquidity, and Asset Prices352 cited
  • 2000The optimal size of a bank: Costs and benefits of diversification173 cited
  • 2000Multitask agency problems: Focus and task clustering147 cited
  • 2001Limited-Liability and Incentive Contracting with Multiple Projects135 cited
  • 2008Moral hazard with bounded payments129 cited
  • 2011Optimal securitization with moral hazard124 cited
  • 1994The First-Order Approach to Multi-Signal Principal-Agent Problems75 cited

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2001
Adverse Specialization
67 cited

Cited by

  • 2013Meeting the challenge of impact investing: how can contracting practices secure social impact without sacrificing performance?38 cited
  • 2018Incentive Design for Operations-Marketing Multitasking26 cited
  • 2019Incentives, project choice, and dynamic multitasking24 cited
  • 2021A Structural Model of a Multitasking Salesforce: Incentives, Private Information, and Job Design19 cited
  • 2019Operational Risk Management: Optimal Inspection Policy17 cited
  • 2020Pricing and Quality Provision in a Supply Relationship: A Model of Efficient Relational Contracts13 cited
  • 2010Risk preferences in surrogate financial decision making1 cited