Contracting in Continuous Time: Time-Additive Preferences

Jaeyoung Sung
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Jaeyoung Sung: Ajou University

Chapter Chapter 12 in Contract Theory: Discrete- and Continuous-Time Models, 2023, pp 197-204 from Springer

Abstract: Abstract We briefly introduce an alternative contracting model with time-additive preferences. We study a case that can produce a closed-form solution, and then compare it with the time-multiplicative preference model.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-5487-2_12

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DOI: 10.1007/978-981-99-5487-2_12

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