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- W3121264758 abstract "We design incentive schemes for portfolio managers that screen low-skill managers: only the best portfolio managers, in terms of expected payoffs, agree to participate in a single-period investment. The results hold in general financial markets, where uninformed investors face managers of different capabilities, and can only observe their one-stage realized returns." @default.
- W3121264758 created "2021-02-01" @default.
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- W3121264758 date "2020-04-24" @default.
- W3121264758 modified "2023-10-08" @default.
- W3121264758 title "Transferable deposits as a screening mechanism" @default.
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- W3121264758 doi "https://doi.org/10.1007/s00199-020-01264-2" @default.
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