Bardsley, Peter (contributor); Burfurd, Ingrid (contributor) - 2008
, con-
tract theory, ecology, and monitoring. Using a mixed adverse selection,
moral hazard procurement model, we show that …, procurement, adverse selection, contract theory
JEL Codes D82, D86, Q57
1
The preservation of biodiversity, through the …) faces asymmetric information problems. Adverse selection is a
problem because the principal cannot gauge the key …