Participation constraints in adverse selection models

DOI10.1006/jeth.1999.2641zbMath0970.91036OpenAlexW2095109474MaRDI QIDQ1584552

Publication date: 2000

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/jeth.1999.2641

zbMATH Keywords

uncertainty adverse selection agency contract

Mathematics Subject Classification ID

Lua error in Module:PublicationMSCList at line 37: attempt to index local 'msc_result' (a nil value).

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An experimental test of adverse selection theory ⋮ Inefficiency in the shadow of unobservable reservation payoffs

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