• Title of article

    Equity and adverse selection with correlated costs

  • Author/Authors

    Ramarao Desiraju، نويسنده , , David E.M. Sappington، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2007
  • Pages
    6
  • From page
    402
  • To page
    407
  • Abstract
    We show that agent concern with inequity is not constraining for a principal when the binary costs of two risk neutral agents are correlated.
  • Keywords
    Fairness , Inequity , Adverse selection , Correlated information , Agency
  • Journal title
    Economics Letters
  • Serial Year
    2007
  • Journal title
    Economics Letters
  • Record number

    436244