Agency conflicts in the presence of random private benefits from project implementation
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DOI: 10.1016/j.econlet.2014.02.025
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More about this item
Keywords
Optimal contracting; Moral hazard; Random private benefits; Depressed incentives; Increasing residual values;All these keywords.
JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
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