Nettetthat it is implementable using a linear contract. Thus, linear contracts allow the principal to achieve certain important welfare objectives which may not be possible to implement using quasilinear transfers. Having demonstrated these applications of linear contracts, we then provide a character-ization of the set of scfs that are implementable. 3 Nettet25. mar. 2024 · Dütting et al. proved the robustness of linear contracts, i.e., that the linear contract does not perform worse than the worst-case contract under different distribution conditions. Furthermore, they analyzed the approximation ratio between the linear contract and the optimal contract when the conditions of limited liability, …
What are Inverse and Linear contracts? - Phemex
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LINEAR CONTRACTS LTD - Find and update company information
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