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Wealth and the principal–agent matching

dc.contributor.authorFagandini Ruiz, Paulo Ignacio
dc.date.accessioned2021-06-28T12:11:11Z
dc.date.available2021-06-28T12:11:11Z
dc.date.issued2021-06-24
dc.descriptionArtigo em revista científica internacionalpt_PT
dc.description.abstractI study the role the agent's wealth plays in the principal–agent matching with moral hazard and limited liability. I consider wealth and talent as the agent's type and size as the firm's (principal's) type. Wealthier agents match with bigger firms, when talent is homogeneous among them, whereas for equally wealthy agents, more talented agents will match with bigger firms. I describe economic conditions over types such that pairs of higher types will write contracts in which the agent gets more than the limited liability rents. Finally, I write conditions on wealth for assortative matching in talent to hold.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationFagandini, P. (2021). Wealth and the principal–agent matching. Managerial and Decision Economics, 1– 14. https://doi.org/10.1002/mde.3402pt_PT
dc.identifier.doihttps://doi.org/10.1002/mde.3402pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.21/13496
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherJohn Wiley & Sonspt_PT
dc.relation.publisherversionhttps://onlinelibrary.wiley.com/doi/10.1002/mde.3402pt_PT
dc.subjectModel of moral hazardpt_PT
dc.subjectWealthier agentspt_PT
dc.subjectPositive assortative matching (PAM)pt_PT
dc.subjectGeneralized increasing differences (GID)pt_PT
dc.titleWealth and the principal–agent matchingpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage14pt_PT
oaire.citation.startPage1pt_PT
oaire.citation.titleManagerial and Decision Economicspt_PT
person.familyNameFagandini Ruiz
person.givenNamePaulo Ignacio
person.identifier.ciencia-id2C15-0A35-78BA
person.identifier.orcid0000-0002-5386-2160
person.identifier.scopus-author-id57224823274
rcaap.rightsclosedAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublicationcf76ee40-3a3e-475b-a527-585d2e2793c2
relation.isAuthorOfPublication.latestForDiscoverycf76ee40-3a3e-475b-a527-585d2e2793c2

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