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Structure of the Principal-Agent Problem

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Presentation on theme: "Structure of the Principal-Agent Problem"— Presentation transcript:

1 Structure of the Principal-Agent Problem
Chapter 1 Structure of the Principal-Agent Problem Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press

2 Figures and Tables Peter Kuhn, Personnel Economics
Copyright © 2018 Oxford University Press

3 FIGURE 1.1 Timeline of Actions in the Principal–Agent Problem
Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press

4 FIGURE 1.2 The Cost-of-Effort Function, V(E)
Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press

5 FIGURE 1.3 Indifference Curves between Effort and Income
Peter Kuhn, Personnel Economics Copyright © 2018 Oxford University Press


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