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When Liability is Not Enough: Regulating Bonus Payments in Markets With Advice
Honda, Jun
;
Inderst, Roman
;
Ottaviani, Marco
-
2022
We introduce a model of advice in which firms steer advisors through
nonlinear
incentive
schemes
. In addition to …
Persistent link: https://www.econbiz.de/10013204924
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