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Journal Article
Information Sharing in Common Agency: When is Transparency Good?
Journal of the European Economic Association
Author(s)
When should principals dealing with a common agent share their individual performance measures about the agents unobservable effort? In a model with two principals who offer linear incentive schemes, we show that information sharing always increases total expected welfare if the principal who is less informed about the agent
Date Published:
2009
Citations:
Maier, Norbert, Marco Ottaviani. 2009. Information Sharing in Common Agency: When is Transparency Good?. Journal of the European Economic Association. (1)162-187.