Solomonic separation: Risk decisions as productivity indicators

A principal provides budgets to agents (e.g., divisions of a firm or the principal's children) whose expenditures provide her benefits, either materially or because of altruism. Only agents know their potential to generate benefits. We prove that if the more "productive" agents are al...

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Bibliographic details
Volume: 46
Main Author: Nolan Miller
Alexander F. Wagner
Richard J. Zeckhauser
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: Boston Springer Science+Business Media 01.06.2013
Springer US
SPRINGER
Springer
published in: Journal of risk and uncertainty Vol. 46; no. 3; pp. 265 - 297
ORCID: 0000-0002-9796-8821
Data of publication: 20130601
ISSN: 0895-5646
1573-0476
EISSN: 1573-0476
Discipline: Economics
Statistics
Psychology
Subjects:
G31
D82
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Knowledge
Web of Science - Social Sciences Citation Index - 2013
Web of Science
CrossRef
Academic OneFile (A&I only)
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