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When should principals dealing with a common agent share their individual performance measures about the agent's unobservable effort for producing a public good? In a model with two principals who offer linear incentive schemes, we show that information sharing always increases total expected...
Persistent link: https://www.econbiz.de/10005690476
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The paper summarizes the crucial concerns of the author's two major book contributions (see note above) to peace research and peace policy. On the basis of some hypotheses about militarism as a means of societal rule, the economic role of arma ment-expenditures, particularly in the Federal Re...
Persistent link: https://www.econbiz.de/10010793006