Browsing RSCAS Working Papers by Author "ANGELUCCI, Charles"

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Browsing RSCAS Working Papers by Author "ANGELUCCI, Charles"

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    Title: Moral Hazard in Hierarchies and Soft Information  Author(s): ANGELUCCI, Charles; RUSSO, Antonio Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: 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 ...