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This article is cited in 1 scientific paper (total in 1 paper)
Optimal multiattribute screening
Thomas A. Weber Chair of Operations, Economics and Strategy, Swiss Federal Institute of Technology, Lausanne, Switzerland
Abstract:
We provide a technique for constructing optimal multiattribute screening contracts in a general setting with one-dimensional types based on necessary optimality conditions. Our approach allows for type-dependent participation constraints and arbitrary risk proles. As an example we discuss optimal insurance contracts.
Keywords:
Asymmetric Information, Incentive Contracting, Maximum Principle, Nonlinear Pricing.
Citation:
Thomas A. Weber, “Optimal multiattribute screening”, Ural Math. J., 2:2 (2016), 87–107
Linking options:
https://www.mathnet.ru/eng/umj23 https://www.mathnet.ru/eng/umj/v2/i2/p87
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