Teams with moral hazard and non-verifiable quality assessment
This paper shows that buying from a team of sellers can be optimal for the buyer in a static model where the buyer has private information about quality, sellers have private information about the cost and choice of effort, and quality is not contractible.
| Autor principal: | |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Elsevier
2015
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/150279 |
| _version_ | 1855515853661929472 |
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| author | Saak, Alexander E. |
| author_browse | Saak, Alexander E. |
| author_facet | Saak, Alexander E. |
| author_sort | Saak, Alexander E. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper shows that buying from a team of sellers can be optimal for the buyer in a static model where the buyer has private information about quality, sellers have private information about the cost and choice of effort, and quality is not contractible. |
| format | Journal Article |
| id | CGSpace150279 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | Elsevier |
| publisherStr | Elsevier |
| record_format | dspace |
| spelling | CGSpace1502792025-04-24T19:51:14Z Teams with moral hazard and non-verifiable quality assessment Saak, Alexander E. moral hazard monitoring quality management This paper shows that buying from a team of sellers can be optimal for the buyer in a static model where the buyer has private information about quality, sellers have private information about the cost and choice of effort, and quality is not contractible. 2015-10-02 2024-08-01T02:51:16Z 2024-08-01T02:51:16Z Journal Article https://hdl.handle.net/10568/150279 en Open Access Elsevier Saak, Alexander E. 2015. Teams with moral hazard and non-verifiable quality assessment. Economic Letters 136(November 2015):88 - 9. https://doi.org/10.1016/j.econlet.2015.09.014 |
| spellingShingle | moral hazard monitoring quality management Saak, Alexander E. Teams with moral hazard and non-verifiable quality assessment |
| title | Teams with moral hazard and non-verifiable quality assessment |
| title_full | Teams with moral hazard and non-verifiable quality assessment |
| title_fullStr | Teams with moral hazard and non-verifiable quality assessment |
| title_full_unstemmed | Teams with moral hazard and non-verifiable quality assessment |
| title_short | Teams with moral hazard and non-verifiable quality assessment |
| title_sort | teams with moral hazard and non verifiable quality assessment |
| topic | moral hazard monitoring quality management |
| url | https://hdl.handle.net/10568/150279 |
| work_keys_str_mv | AT saakalexandere teamswithmoralhazardandnonverifiablequalityassessment |