A note on Common Agency models of moral hazard
AbstractWe consider Common Agency games of moral hazard and we suggest that there is only a very weak support for the standard restriction to take-it or leave-it contracts.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 95 (2007)
Issue (Month): 2 (May)
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Web page: http://www.elsevier.com/locate/ecolet
Other versions of this item:
- Attar, Andrea & Piaser, Gwenaël & Porteiro, Nicolas, 2007. "A Note on Common Agency Models of Moral Hazard," Open Access publications from University of Toulouse 1 Capitole http://neeo.univ-tlse1.fr, University of Toulouse 1 Capitole.
- Andrea Attar & Nicolas Porteiro & Gwenaël Piaser, 2006. "A note on Common Agency models of moral hazard," Working Papers 2006_36, Department of Economics, University of Venice "Ca' Foscari".
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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