Goal-oriented agents in a market

HIGHLIGHTS

  • who: Inés Macho-Stadler from the UnivAutonoma de Barcelona and Barcelona GSE, Barcelona, Spain have published the Article: Goal-oriented agents in a market, in the Journal: (JOURNAL)
  • what: An important feature of the model is that the goal of the goal-oriented agents is external to the market the authors study here: a principal who hires a goal-oriented agent cannot influence the characteristics of this goal, although she can influence the possibility that the agent reaches the trigger through the monetary compensation offered in the contract. The authors show that, in any . . .

     

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