Optimal Dynamic Incentive and Control Contract among Principal and Agents with Moral Hazard and Long-Term Average Reward.
Yasuaki WasaKenko UchidaPublished in: ASCC (2019)
Keyphrases
- principal agent
- moral hazard
- adverse selection
- average reward
- markov decision processes
- construction project
- mechanism design
- assembly systems
- optimal policy
- electronic markets
- optimal control
- dynamic environments
- reinforcement learning
- optimality criterion
- long run
- incomplete information
- model free
- decision problems
- autonomous agents
- erp systems
- sufficient conditions
- least squares
- computational complexity
- cooperative
- optimal solution