Moral Hazard in Partnerships
收藏NBER1990-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3373
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In this paper, we investigate incentive structures within partnerships. Partnerships provide a classic example of the tradeoff between risk spreading and moral hazard. The degree to which firms choose to spread risk and sacrifice efficiency incentives depends upon risk preferences, for which data
提供机构：
美国国家经济研究局创建时间：
1990-06-01
