GATHERING INFORMATION BY A PARTIALLY INFORMED AGENT
Dongsoo Shin () and
Sungho Yun ()
International Game Theory Review (IGTR), 2006, vol. 08, issue 04, 675-694
This paper considers an agency contracting with multiple tasks. The agent is privately informed on some tasks, but he must gather information on the other. We show that depending on the cost to gather information, task assignment is employed as an instrument to induce information gathering, or as an instrument to induce a truthful report.
Keywords: Principal-agent; information gathering; partially informed agent; JEL Classification: D82; JEL Classification: L23 (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
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