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Non-Intrinsic Common Agency
2000
Social Science Research Network
In this paper we analyse a common agency model in which agents can choose with how many principals they want to work, while principals can not condition contracts on the agent's decision to accept other contracts. In this case of "non-intrinsic" common agency we characterize the equilibrium with full agent participation. Unless the substitutability between activities performed by the agent is very strong, equilibrium activities are the same as with intrinsic common agency. However, principals
doi:10.2139/ssrn.200558
fatcat:bot2pluhtvbhzgcsuakgdtpj6e