Specialty

Economics & Inequality

15 published articlesPart of Society & Culture

Latest in Economics & Inequality

Society & CultureEconomics & InequalityPreprint

Preprint Finds Randomized Caps Improve Delegation's Worst-Case Guarantee

A theoretical economics preprint examines whether a principal can delegate robustly when an agent's information distribution is unknown but its mean is known. It finds that a randomized upper cap can beat deterministic caps in the model, while the result remains conditional on quadratic loss, constant bias and the paper's stated assumptions.

Scientific publication6 min read

Economics & Inequality · Developing Light