Globally convergent homotopy algorithm for solving the KKT systems to the principal-agent bilevel programming

2016 ◽  
Vol 32 (1) ◽  
pp. 69-85 ◽  
Author(s):  
Zhichuan Zhu ◽  
Bo Yu
Keyword(s):  
Bilevel Programming ◽  
Principal Agent ◽  
Homotopy Algorithm ◽  
Kkt Systems ◽  
Globally Convergent

scholarly journals Globally convergent method for designing twice spline contractual function

2019 ◽  
Vol 2019 (1) ◽  
Author(s):  
Zhichuan Zhu ◽  
Yonghong Yao ◽  
Mihai Postolache
Keyword(s):  
Initial Point ◽  
Principal Agent ◽  
Quadratic Spline ◽  
Feasible Set ◽  
Homotopy Algorithm ◽  
Kkt Systems ◽  
Globally Convergent ◽  
Principal Agent Problem ◽  
Convergent Method ◽  
Convergent Solution

Abstract To design a quadratic spline contractual function in the case of discretely unknown nodes, a modified constraint shifting homotopy algorithm for solving principal–agent problems is constructed in the paper. Then the existence of globally convergent solution to KKT systems for the principal–agent problem with spline contractual function is proved under a much weaker condition. The proposed algorithm only requires that any initial point is in the shifted feasible set but not necessarily in the original feasible set.

Solving Nonlinear Principal-Agent Problems Using Bilevel Programming

2010 ◽  
Author(s):  
Mark Cecchini ◽  
Joseph Ecker ◽  
Michael Kupferschmid ◽  
Robert A. Leitch
Keyword(s):  
Bilevel Programming ◽  
Principal Agent

Solving nonlinear principal-agent problems using bilevel programming

2013 ◽  
Vol 230 (2) ◽  
pp. 364-373 ◽  
Author(s):  
Mark Cecchini ◽  
Joseph Ecker ◽  
Michael Kupferschmid ◽  
Robert Leitch
Keyword(s):  
Bilevel Programming ◽  
Principal Agent

Gift exchange and outcome based incentives in principal-agent contracts

2002 ◽  
Author(s):  
William P. Bottom ◽  
James Holloway ◽  
Gary J. Miller ◽  
Alexandra Mislin ◽  
Andrew Whitford
Keyword(s):  
Gift Exchange ◽  
Principal Agent
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