Collective Organizations versus Relative Performance Contracts: Inequality, Risk Sharing, and Moral Hazard.
Edward Simpson PrescottRobert M. TownsendPublished in: J. Econ. Theory (2002)
Keyphrases
- moral hazard
- adverse selection
- corporate governance
- erp systems
- decision making
- principal agent
- mechanism design
- information technology
- construction project
- information systems
- risk management
- electronic markets
- investment decisions
- enterprise resource planning
- risk assessment
- competitive advantage
- risk factors
- infinite horizon
- knowledge management
- cooperative