Paolo Ghirardato

Collegio Carlo Alberto

Professor of Mathematical Economics

via Real Collegio 30

Moncalieri, Torino 10024

Italy

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Flexible Contracts

CESifo Working Paper Series No. 2927
Number of pages: 48 Posted: 01 Feb 2010
Piero Gottardi, Jean-Marc Tallon and Paolo Ghirardato
European University Institute - Department of Economics, Paris School of Economics and Collegio Carlo Alberto
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Abstract:

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delegation, flexibility, agency costs, multiple priors, imprecision aversion