Title of article :
Equity and adverse selection with correlated costs
Author/Authors :
Ramarao Desiraju، نويسنده , , David E.M. Sappington، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2007
Abstract :
We show that agent concern with inequity is not constraining for a principal when the binary costs of two risk neutral agents are correlated.
Keywords :
Fairness , Inequity , Adverse selection , Correlated information , Agency
Journal title :
Economics Letters
Journal title :
Economics Letters
