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Rafael Hortala-Vallve and Miguel Sanchez
We analyze the contracting structure in a moral hazard setting with several agents where output is produced jointly and is the only contractible variable. Since the salary of each agent is a function of all agents effort...Read more...
In the past few years, widespread frustration with sprawling development patterns has precipitated an explosion in innovative thinking and action across the United States. This new thinking ¿ generally labeled as ¿smart ...Read more...