Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10001778406
Persistent link: https://www.econbiz.de/10003730419
Persistent link: https://www.econbiz.de/10003215121
We consider partnerships among risk-averse professionals endowed with (i) a risky and personally-costly production technology and (ii) a personally-costly monitoring technology providing contractible noisy signals about partners' productive efforts. Partners shirk both production and monitoring...
Persistent link: https://www.econbiz.de/10014028017
We consider partnerships among risk-averse professionals endowed with (i) a risky and personally-costly production technology and (ii) a personally-costly monitoring technology providing contractible noisy signals about partners' productive efforts. Partners shirk both production and monitoring...
Persistent link: https://www.econbiz.de/10014029445