Attar, Andrea (contributor); Campioni, Eloisa (contributor); … - 2005
information and non-exclusive
agreements. We characterize the equilibria of this common agency game with moral hazard
and show … that they all belong to the constrained Pareto frontier.
Keywords: Common Agency, Moral Hazard, Pareto Efficiency, Second …), which we set-up in a more standard moral hazard
scenario. Then, Section 3 presents the equilibria of this credit market as …