Robert Schuman Centre for Advanced Studies (RSCAS)
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject
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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "Extortion"
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Title:Moral Hazard in Hierarchies and Soft Information
Author(s):ANGELUCCI, Charles; RUSSO, AntonioDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:We investigate the scope for supervisory activities in organizations in which information is non-verifiable (i.e. soft) and opportunism severe. A principal-supervisor agent hierarchy is considered. Side-contracts between ...