Ranking of information systems in agency models: an integral condition

B-Tier
Journal: Economic Theory
Year: 2001
Volume: 17
Issue: 2
Pages: 489-496

Authors (2)

Claude Fluet (Centre Interuniversitaire de R...) Dominique Demougin (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We provide a condition for ranking of information systems in agency problems. The condition has a straightforward economic interpretation in terms of the sensitivity of a cumulative distribution with respect to the agent's effort. The criterion is shown to be equivalent to the mean preserving spread condition on the likelihood ratio distributions.

Technical Details

RePEc Handle
repec:spr:joecth:v:17:y:2001:i:2:p:489-496
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25