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	Provedor de dados AgEcon (1) Autor Bontems, Philippe (1) Palavra-chave Adverse selection (1) Contracts (1) D6 (1) D86 (1) Envy (1) Externalities (1) H0 (1) Production Economics (1) Status (1) Mais... Tipo do documento Conference Paper or Presentation (1) Ano 2009 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Contracting with Agents Seeking Status AgEcon Bontems, Philippe. We explore in this paper the consequences of status seeking preferences among agents contracting with a private principal in the context of production. We examine in particular the case of envy and we show that in general envy entails augmented distortions due to asymmetric information in optimal contracts. Furthermore if the principal neglects the preferences of the agents with respect to status, then potentially there is under-participation to the contract. We also show that if the principal is free to choose who can participate to the contract, then under some conditions the principal may prefer to contract with only a subset of potentially "profitable" agents (that is where his utility is strictly positive). We then ask whether contracting with agents... Tipo: Conference Paper or Presentation Palavras-chave: Status; Adverse selection; Contracts; Envy; Externalities; Production Economics; D6; H0; D86. Ano: 2009 URL: http://purl.umn.edu/49507 Registros recuperados: 1 Primeira ... 1 ... Última

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