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Bounds on the welfare loss from moral hazard with limited liability.

Felipe BalmacedaSantiago R. BalseiroJosé R. CorreaNicolás E. Stier Moses
Published in: Games Econ. Behav. (2016)
Keyphrases
  • moral hazard
  • adverse selection
  • worst case bounds
  • upper bound
  • lower bound
  • worst case
  • data mining
  • mechanism design
  • principal agent