Browsing Harvard Kennedy School by Keyword "random mechanisms"
Now showing items 1-1 of 1
-
Solomonic Separation: Risk Decisions as Productivity Indicators
(John F. Kennedy School of Government, Harvard University, 2012)A principal provides budgets to agents (e.g., divisions of a firm or the principal's children) whose expenditures provide her benefits, either materially or because of altruism. Only agents know their potential to generate ...