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Multi-agent Contracts

Paul Dütting, Tomer Ezra, Michal Feldman, Thomas Kesselheim

2023Year
12Citations
18Top-tier citations

Abstract

We study a natural combinatorial single-principal multi-agent contract design problem, in which a principal motivates a team of agents to exert effort toward a given task. At the heart of our model is a reward function, which maps the agent efforts to an expected reward of the principal. We seek to design computationally efficient algorithms for finding optimal (or near-optimal) linear contracts for reward functions that belong to the complement-free hierarchy.

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