𝔖 Bobbio Scriptorium
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Incentive Compatibility and the Bargaining Problem

✍ Scribed by Roger B. Myerson


Book ID
120051890
Publisher
John Wiley and Sons
Year
1979
Tongue
English
Weight
267 KB
Volume
47
Category
Article
ISSN
0012-9682

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The principal-agent relationship between the governments of the UK and Norway, and the multinational oil companies active in the North Sea petroleum industry is, to some extent, different from a typical principal-agent interaction. For almost three decades, the major criterion for allowing a company