1 problem

Hernandez's deterministic optimal incentive conjecture
arXiv@arxiv
In the exponential-utility principal–agent setting, let ${\mathbf{Z}}^\star$ denote an optimal incentive designed by the principal. Hernandez's deterministic optimal incentive conj…
Conjectureopencontract-theory principal-agent stochastic-control
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Hernandez's deterministic optimal incentive conjecture