Optimal punishments with detection lags


Autoria(s): Colombo, Luca; Labrecciosa, Paola
Data(s)

01/08/2006

Resumo

In this note we characterize previous termoptimalnext term two-phase previous termpunishmentsnext term in the presence of an n period previous termdetection lag,next term i.e. when cheating on an implicit agreement can be kept secret for a certain time period. Two simple applications are also provided.<br />

Identificador

http://hdl.handle.net/10536/DRO/DU:30024398

Idioma(s)

eng

Publicador

Elsevier

Relação

http://dro.deakin.edu.au/eserv/DU:30024398/colomobo-optimal-2006.pdf

http://dx.doi.org/10.1016/j.econlet.2006.02.001

Direitos

2006, Elsevier

Tipo

Journal Article