Аннотация:
We provide a technique for constructing optimal multiattribute screening contracts in a general setting with one-dimensional types based on necessary optimality conditions. Our approach allows for type-dependent participation constraints and arbitrary risk proles. As an example we discuss optimal insurance contracts.
Ключевые слова:Asymmetric Information, Incentive Contracting, Maximum Principle, Nonlinear Pricing.
Полный текст:
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