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Aghion and Tirole (1994) suggested that understanding how innovation is managed under asymmetric information requires refreshing our views on 'how to finance the research activities, how to allocate control over the R&D process, how to share property rights on innovations, and how to structure the monetary compensations to the inventors' (Aghion and Tirole 1994, p. 1185).
In this first example we suppose that the TOs accept to transfer utility among them, i.e. side payments are permitted, so that the main aim is to maximize the global utility; the proposed methodology allows computing also the monetary compensations that the agents have to pay or receive as a consequence of the new scheduling obtained after the agreement.
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CAN monetary compensation buy justice?
The producers were offering no monetary compensation.
The compensation for it, monetary compensation we want.
Some litigants have demanded monetary compensation for scanned books.
There is no monetary compensation with the awards.
You have the right to request monetary compensation.
A total figure for monetary compensation was not specified.
We are simply seeking a neutral forum to hear our claims for monetary compensation.
Ms. Range said neither she nor the local organizers receive monetary compensation.
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