"Learning and experimentation in a ""principal-agent"" framework"

The purpose of this work is to introduce learning and experimenting in a principal-agent model, where the agent has some private information which is valuable for the principal. Intuitively this should lead the principal to experiment in order to improve his knowledge. For this to be possible the information must be partially revealed by some observable output correlated with the agent's action; furthermore, the principal has to have some way to influence the agent's choices, or else he would not be able to experiment but only be a passive learner.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2011

Author dc:creator

• Salgueiro, Egas Manuel Da Silva

Contributors dc:contributor

• Baer, Werner W.

• Economics, General
• Education, Adult and Continuing

Statement dc:rights

• Copyright 1991 Salgueiro, Egas Manuel Da Silva

Language dc:language

eng

Identifier

AAI9210974
(UMI)AAI9210974

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/19748