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private utility derived from the project. We develop a simple model that allows for an intelligent design of contracts when … the optimal set of contracts under asymmetric information involves two different contracts. One in which green landowners … are somewhat overcompensated for projects of high quality, and one where conventional landowners are offered contracts …
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private utility derived from the project. We develop a simple model that allows for an intelligent design of contracts when … the optimal set of contracts under asymmetric information involves two different contracts. One in which green landowners … are somewhat overcompensated for projects of high quality, and one where conventional landowners are offered contracts …
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