Nasri, Mostafa; Bastin, Fabian; Marcotte, Patrice - In: European Journal of Operational Research 245 (2015) 1, pp. 226-235
The main aim of this paper is to measure the social welfare loss for a continuous moral hazard model when a set of minimal assumptions are fulfilled. By using a new approach, we are able to reproduce the results of Balmaceda, Balseiro, Correa, and Stier-Moses (2010) pertaining to the social...