Contract (re-) negotiation with private and common values
V Gretschko, A Wambach - ZEW-Centre for European Economic …, 2017 - papers.ssrn.com
We analyze the contracting problem of a principal who faces an agent with private
information and cannot commit to not renegotiating a chosen contract. We model this by …
information and cannot commit to not renegotiating a chosen contract. We model this by …