Subjective Contracting with Revisions
Grant Data
Project Title
Subjective Contracting with Revisions
Principal Investigator
Professor Li, Jin
(Principal Investigator (PI))
Duration
24
Start Date
2022-01-01
Amount
544093
Conference Title
Subjective Contracting with Revisions
Presentation Title
Keywords
Contract Design, Subjective Evaluation
Discipline
Economics
Panel
Business Studies (B)
HKU Project Code
17616421
Grant Type
General Research Fund (GRF)
Funding Year
2021
Status
On-going
Objectives
1 Analyze the process of subjective contracting 2 Highlight and explore the incentives and inefficiencies when the principal can ask for revisions 3 Characterize the optimal contract design that minimizes the inefficiencies 4 Study a number of common subjective contracts and compare their performances