| RECITATIONS | Topics |
|---|---|
| Moral hazard and observability (PDF) | Motivation Formulation Solution Deductibles on insurance Sufficient statistics theorem |
| Basics of dynamic programming (PDF) | Two formulations of the problem Some theoretical results Basic equations for the 1-D case From discrete time to continuous time |
| The tenuous trade-off between risk and incentives (PDF) | Model setup Analysis |
| Employer learning and statistical determination (PDF) | Setup Firms' learning Properties of the regression Empirical implications Data and results |
| Directed technology change (PDF) | Very basics Model setup Equilibrium characterization Discussion |
| Hierarchies and the organization of knowledge in production (PDF) | Motivation Model basics Communication and organization Some general results Technological change and organizational design: An example Extensions |