Showing 1 - 2 of 2
A Principal owns a project consisting of several tasks. Tasks differ, both in their innate success probabilities and their incremental benefits. Moreover, specialists must be engaged to perform these tasks. Subject to moral hazard and adverse selection, in what order should the Principal...
Persistent link: https://www.econbiz.de/10012859420
Persistent link: https://www.econbiz.de/10014314500