Kirstein, Roland (contributor); Cooter, Robert (contributor) - 2003 - [Elektronische Ressource]
, while moral hazard within the partnership plays no role
in their analysis. This is also true for the model in Lang …/Demsetz (1972) terminology, i.e., with
a positive cross derivative, the moral hazard problem is even worse than
predicted by the …: German Economic Review 3(1), 43-51.
Holmstrom, B. 1982: Moral Hazard in Teams; in: Bell Journal of Eco-
nomics 13(2), 324 …