Arm's-Length Relationships without Moral Hazard
Jacques Crémer ()
Journal of the European Economic Association, 2010, vol. 8, issue 2-3, 377-387
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. (JEL: D23, D82, D86, L20) (c) 2010 by the European Economic Association.
JEL-codes: D23 D82 D86 L20 (search for similar items in EconPapers)
Date: 2010
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Working Paper: Arm's length relationships without moral hazard (2009) 
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Persistent link: https://EconPapers.repec.org/RePEc:tpr:jeurec:v:8:y:2010:i:2-3:p:377-387
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