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Author

Yong Liang

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Sep 2026

Dynamic Contract Design with Learning

Incentivizing Effort While Learning the Market Condition When a firm hires an agent to generate customers in a new market, neither party initially knows whether the market is favorable. In “Dynamic Contract Design with Learning,” Wang, Liang, and Sun study the interaction between learning and moral hazard: effort is c...

Shi-Yuan Wang, Yong Liang, Peng Sun · 0 citations

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