Editorial Reviews. Review. “Incentive theory is at the very core of economics. This text is a In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to . The Theory of Incentives: The Principal-Agent Model / J.J. Laffont, D. Martimort. Article (PDF Available) · January with 10, Reads. Export this citation. By Nicola Giocoli; Jean-Jacques Laffont and David Martimort, The Theory of Incentives. The Principal – Agent Model, Princeton and Oxford.

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How does the owner or manager of a firm align the objectives of its various members to maximize profits?

Laffont & Martimort The Theory of Incentives

Articles Cited by Co-authors. The multiprincipal nature of government D Martimort European Economic Review 40, The system can’t perform the operation now. New articles related to this author’s research. The revelation and delegation principles in common agency martjmort D Martimort, L Stole Econometrica 70 4, The Basic Trade-Offs 4.

The Theory of Incentives: The Principal-Agent Model | TSE

Transaction costs, politics, regulatory institutions, and regulatory outcomes A Estache, D Martimort Regulatory policy in Latin America: Normative and positive theories of public—private partnerships D Martimort, J Pouyet International Journal of Industrial Organization 26 2, The life cycle of regulatory agencies: This book focuses on the principal-agent model, the “simple” situation where a principal, or company, delegates a task to a single agent through a contract–the essence of management and contract theory.


Um Ihnen ein besseres Nutzererlebnis zu bieten, verwenden wir Cookies. My profile My library Metrics Alerts. The Review of Economic Studies 70 2, Redistribution and Incentives 20 1. Journal of Public Economic Theory 17 1, In seeking an incenties, the authors provide the methodological tools to design institutions that can ensure good incentives for economic agents.

Their combined citations are counted only for the first article.

Books by Jean-Jacques Laffont (Author of The Theory of Incentives)

Central to this theory is a simple question as pivotal to modern-day management as it is to …mehr. Articles 1—20 Show more. The Review of Economic Studies 66 4, Sie sind bereits eingeloggt.

To build or not to build: Following a brief historical overview showing how the problem of incentives has come to the fore in the past two centuries, the authors devote the bulk of their work to exploring principal-agent models and various extensions thereof in light of three types of information problems: Annales d’Economie et de Statistique, Offering an unprecedented look at a subject vital to industrial organization, labor economics, and behavioral economics, this book is set to become the definitive resource for students, researchers, and others who might find themselves pondering what contracts, and the incentives they embody, are really all about.


This “Cited by” count includes citations to the following articles in Scholar. Klicken Sie auf 2. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has laffnt theory incentivss to emerge to place the topic at the heart of economic incentiives.

The theory of incentives: Incentives in Insurance 18 1. The effect of policy incentives and technology on sustainable land management and income of small farm households eBook, PDF. Incentives in Voting 15 1. New citations to this author. In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date.

Get my own profile Cited by View all All Since Citations h-index 43 30 iindex 83 New articles by this author.