@inproceedings{a542c835dc334de282e46c62166267b7,
title = "Ambiguous Contracts",
abstract = "In this paper we introduce a model of ambiguous contracts, capturing many real-life scenarios where agents engage in contractual relations that leave some degree of uncertainty. In this paper we introduce a model of ambiguous contracts, capturing many real-life scenarios where agents engage in contractual relations that leave some degree of uncertainty. Our starting point is the celebrated hidden-action model and the classic notion of a contract, where the principal commits to an outcome-contingent payment scheme for incentivizing an agent to take a costly action.",
keywords = "ambiguous contracts, contract theory",
author = "Paul Duetting and Michal Feldman and Daniel Peretz",
note = "Publisher Copyright: {\textcopyright} 2023 Owner/Author(s).; 24th ACM Conference on Economics and Computation, EC 2023 ; Conference date: 09-07-2023 Through 12-07-2023",
year = "2023",
month = jul,
day = "9",
doi = "10.1145/3580507.3597692",
language = "אנגלית",
series = "EC 2023 - Proceedings of the 24th ACM Conference on Economics and Computation",
publisher = "Association for Computing Machinery, Inc",
pages = "539",
booktitle = "EC 2023 - Proceedings of the 24th ACM Conference on Economics and Computation",
}