Arnott, R. and J. Stiglitz (1988): “Randomization with Asymmetric Information.†RAND Journal of Economics 19, 344-362
Baker, G. (1992): “Incentive Contracts and Performance Measurement.†Journal of Political Economy 100, 598-614
Bennardo, A., P.-A. Chiappori and J. Song (2009): “Perks as Second Best Optimal Compensations.†Working Paper, Columbia University
Biais, B., T. Mariotti, G. Plantin and J.-C. Rochet (2007): “Dynamic Security Design: Convergence to Continuous Time and Asset Pricing Implications.†Review of Economic Studies 74, 345-390
Biais, B., T. Mariotti, J.-C. Rochet and S. Villeneuve (2010): “Large Risks, Limited Liability and Dynamic Moral Hazard.†Econometrica 78, 73-118
Caplin, A. and B. Nalebuff (1991): “Aggregation and Social Choice: A Mean Voter Theorem.†Econometrica 59, 1-23
- Cooley, T. and E. Prescott (2005): “Economic Growth and Business Cycles,†in “Frontiers in Business Cycle Research,†T. Cooley ed., Princeton University Press, Princeton
Paper not yet in RePEc: Add citation now
DeMarzo, P. and Y. Sannikov (2006): “Optimal Security Design and Dynamic Capital Structure in a Continuous-Time Agency Model.†Journal of Finance 61, 2681-2724
Dittmann, I., and E. Maug (2007): “Lower Salaries and No Options? On the Optimal Structure of Executive Pay.†Journal of Finance 62, 303-343
- Dittmann, I., E. Maug and O. Spalt (2009): “Sticks or Carrots? Optimal CEO Compensation when Managers are Loss-Averse.†Journal of Finance, forthcoming
Paper not yet in RePEc: Add citation now
Edmans, A., X. Gabaix, T. Sadzik and Y. Sannikov (2009): “Dynamic Incentive Accounts.†NBER Working Paper No. 15324.
- Farhi, E. and I. Werning (2009): “Capital Taxation: Quantitative Explorations of the Inverse Euler Equation.†Working Paper, Harvard University.
Paper not yet in RePEc: Add citation now
Hall, B. and J. Liebman (1998): “Are CEOs Really Paid Like Bureaucrats?†Quarterly Journal of Economics, 113, 653-691
Hall, B. and K. Murphy (2002): “Stock Options for Undiversiï¬ed Executives.†Journal of Accounting and Economics 33, 3-42
Harris, M. and A. Raviv (1979): “Optimal Incentive Contracts With Imperfect Information. †Journal of Economic Theory 20, 231-259
- He, Z. (2009a): “Optimal Executive Compensation when Firm Size Follows Geometric Brownian Motion.†Review of Financial Studies 22, 859-892
Paper not yet in RePEc: Add citation now
- He, Z. (2009b): “Dynamic Compensation Contracts with Private Savings.†Working Paper, University of Chicago
Paper not yet in RePEc: Add citation now
Hellwig, M. (2007): “The Role of Boundary Solutions in Principal-Agent Problems of the Holmstrom-Milgrom Type.†Journal of Economic Theory 136, 446-475
- Hemmer, T. (2004): “Lessons Lost in Linearity: A Critical Assessment of the General Usefulness of LEN Models in Compensation Research.†Journal of Management Accounting Research 16, 149-162
Paper not yet in RePEc: Add citation now
Holmstrom, B. and P. Milgrom (1987): “Aggregation and Linearity in the Provision of Intertemporal Incentives.†Econometrica 55, 308-328
Jewitt, I. (1988): “Justifying the First-Order Approach to Principal-Agent Problems.†Econometrica 56, 1177-1190
- Karatzas, I. and S. E. Shreve (1991): Brownian Motion and Stochastic Calculus, 2nd edition, Springer Verlag
Paper not yet in RePEc: Add citation now
Kremer, m. (1993): “The O-Ring Theory of Economic Development.†Quarterly Journal of Economics 108, 551-576.
Krishna, V. and E. Maenner (2001): “Convex Potentials with an Application to Mechanism Design.†Econometrica 69,1113-1119
Lacker, J. and J. Weinberg (1989): “Optimal Contracts under Costly State Falsiï¬cation. †Journal of Political Economy 97, 1345-1363
Landsberger, M. and I. Meilijson (1994): “The Generating Process and an Extension of Jewitt’s Location Independent Risk Concept.†Management Science 40, 662-669
- Mirrlees, J. (1974): “Notes on Welfare Economics, Information and Uncertainty†in Michael Balch, Daniel McFadden, and Shih-Yen Wu, eds., Essays on Economic Behavior under Uncertainty, North-Holland, Amsterdam.
Paper not yet in RePEc: Add citation now
- Mueller, H. (2000): “Asymptotic Efficiency in Dynamic Principal-Agent Problems.†Journal of Economic Theory 91, 292-301
Paper not yet in RePEc: Add citation now
Murphy, K. (1999): “Executive Compensation†in Orley Ashenfelter and David Card, eds., Handbook of Labor Economics, Vol. 3b. New York and Oxford: Elsevier/NorthHolland, 2485-2563
Ou-Yang, H. (2003): “Optimal Contracts in a Continuous-Time Delegated Portfolio Management Problem.†Review of Financial Studies 16, 173-208
- Phelan, C. and R. Townsend (1991): “Private Information and Aggregate Behaviour: Computing Multi-Period, Information-Constrained Optima.†Review of Economic Studies 58, 853-881
Paper not yet in RePEc: Add citation now
Prendergast, C. (2002): “The Tenuous Trade-Off between Risk and Incentives.†Journal of Political Economy, 110, 1071-102
Rogerson, W. (1985): “The First Order Approach to Principal-Agent Problems.†Econometrica 53, 1357-1368
- Rudin, W. (1987): Real and Complex Analysis, 3rd edition, McGraw-Hill
Paper not yet in RePEc: Add citation now
Sannikov, Y. (2008): “A Continuous-Time Version of the Principal-Agent Problem.†Review of Economic Studies, 75, 957-984
Sappington, D. (1983): “Limited Liability Contracts Between Principal and Agent.†Journal of Economic Theory 29, 1-21
- Schaettler, H. and J. Sung (1993): “The First-Order Approach to the ContinuousTime Principal-Agent Problem With Exponential Utility.†Journal of Economic Theory 61, 331-371
Paper not yet in RePEc: Add citation now
- Shaked, M. and G. Shanthikumar (2007): Stochastic Orders, Springer Verlag
Paper not yet in RePEc: Add citation now
Spear, S. and S. Srivastava (1987): “On Repeated Moral Hazard With Discounting.†Review of Economic Studies 54, 599-617
Sung, J. (1995): “Linearity with Project Selection and Controllable Diffusion Rate in Continuous-Time Principal-Agent Problems.†RAND Journal of Economics 26, 720-743