Choosing Agents and Monitoring Consumption: A Note on Wealth as a Corruption-Controlling Device
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下载链接：
https://www.nber.org/papers/w13163
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资源简介：
There are a large number of cases where corruption has been discovered investigating levels of consumption that appear to be hard to justify. Yet, in the standard moral hazard model withholding of effort by the agent is not observable to the principal. We argue that this assumption has to be revised
提供机构：
美国国家经济研究局
创建时间：
2007-06-01
