Punish Underperformance with Suspension: Optimal Dynamic Contracts in the Presence of Switching Cost

P Cao, P Sun, F Tian - Management Science, 2024 - pubsonline.informs.org
This paper studies a dynamic principal–agent setting in which the principal needs to
dynamically schedule an agent to work or be suspended. When the agent is directed to work …

Trust-and-Evaluate: A Dynamic Nonmonetary Mechanism for Internal Capital Allocation

S Gupta, S Bansal, M Dawande… - Management …, 2024 - pubsonline.informs.org
To stay competitive, firms regularly invest in innovation by supporting internal capital
projects (funded and executed in-house) that explore new products and operational …

Navigating Exogenous Shocks: Optimal Dynamic Contracts under Job Destruction and Outside Options

Z Zhao, F Tian, F Zhang - The Lancet, 2024 - papers.ssrn.com
We study a dynamic contract design problem under the risks of external shocks, including
job destruction and outside options. In our model, a principal hires an agent to increase …

Non-Profit Support in Education: Resource Allocation and Students' Lifetime Outcomes

H Guda, G Takasi, M Dawande… - Available at SSRN …, 2024 - papers.ssrn.com
Abstract Problem Definition: One of the seventeen United Nations Sustainable Development
Goals aims for inclusive and equitable quality education, with lifelong benefits, for all. Our …

Combating Overbilling in Outsourced Projects: A Dynamic Auditing Mechanism

L Bu, S Gupta, M Dawande… - Available at SSRN …, 2023 - papers.ssrn.com
Firms routinely outsource some of their business requirements to external agents (eg,
vendors, contractors) for a variety of reasons; eg, to focus on their core competencies or to …

[PDF][PDF] Dynamic Contract Design with Learning

S Wang, Y Liang, P Sun - Available at SSRN 4877829, 2024 - people.duke.edu
We investigate a dynamic moral hazard problem in which the agent's capability is unknown
to both the principal and the agent in the beginning and can be learned over time …

Essays in Operations Management

VDG Takasi - 2024 - utd-ir.tdl.org
This dissertation consists of three main chapters, which focus on resource allocation
problems that arise in the operations of crowdsourcing contest platforms and in the …

The Economic Consequences of Award Revocation: Evidence from the National Civilized City Award Campaign

J Fan, C Ling - Available at SSRN 4638599 - papers.ssrn.com
Revocation policies are frequently used in various awards to preserve their prestige, yet
their effects are rarely measured. In this paper, we explore the impact of revoking the …

Essays on Dynamic Incentives

F Zhang - 2022 - search.proquest.com
This thesis consists of three essays on dynamic contracts or games with incomplete
information. In Chapter 1, I study concealing losses in dynamic relationships. I investigate a …

[PDF][PDF] Punish underperformance with resting—Optimal dynamic contracts in the presence of switching cost

P Cao, P Sun, F Tian - 2020 - people.duke.edu
This paper studies a dynamic principal-agent setting in which the principal needs to
dynamically schedule an agent to work or rest. When the agent is motivated to work, the …