Browsing Publikasjoner fra CRIStin (NHH) by Author "Olsen, Trond E."
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Endogenous Verifiability and Relational Contracting
Kvaløy, Ola; Olsen, Trond E. (Journal article, 2009)Principal-agent models usually invoke the strong assumption that the parties know for sure ex ante whether a variable is verifiable or not. This paper assumes that only the probability of verification is known, and that ...