Amegashie, J.; Ouattara, Bazoumana; Strobl, Eric - In: Economics of Governance 14 (2013) 3, pp. 279-301
We study how a donor can use restricted transfers to control the moral hazard behavior of a recipient and how the composition of unrestricted and restricted transfers is adjusted in response to changes in the moral hazard behavior of the recipient. Under certain conditions, our game-theoretic...
