Arm's length relationships without moral hazard
Jacques Crémer ()
No 09-111, TSE Working Papers from Toulouse School of Economics (TSE)
Abstract:
I show that cutting the flow of information between a principal and an agent can increase the power of the incentives of the agent to reveal private information.
Date: 2009-11
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Related works:
Journal Article: Arm's-Length Relationships without Moral Hazard (2010) 
Working Paper: Arm's length relationships without moral hazard (2009) 
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Persistent link: https://EconPapers.repec.org/RePEc:tse:wpaper:21974
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