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BPP Field Exam 2010 Answers (view source)
Revision as of 21:10, 28 March 2011
, 21:10, 28 March 2011→Question B1: Production in Teams
<b>Relevant papers</b>:
* [http://www.jstor.org/stable/pdfplus/3003457.pdf?acceptTC=true Holmstrom (1982), Moral Hazard in Teams]. Not on 2010 exam's reading list. * [http://www.edegan.com/wiki/index.php/Holmstrom_%281999%29_-_The_Firm_As_A_Subeconomy Holmstrom (1999), Firm as Subeconomy], Not on 2010 exam's reading list.
<b>Question B1.1</b>
<b>Question B1.3</b>
Reminder: CARA utility is <math>u(c) = 1 − e^{−\alpha c}</math>
===Question C1: Agenda Control and Status Quo===
