Agostino Capponi, Jakša Cvitanic, Türkay Yolcu: We propose a new continuous time contracting model, where the project value process can only be observed with noise, and there are two sources of moral hazard: effort and misreporting.
EDHEC Business School
|Type :||Working paper|
|Date :||le 02/11/2011|
|Extra information :||For more information, please contact EDHEC Research and Development Department [ email@example.com ]|
|Research Cluster :||Finance|