Efficiency and Robustness of Binary Feedback Mechanisms in Trading Environments with Moral Hazard

This paper offers a systematic exploration of online feedback mechanism design issues in trading environments with opportunistic sellers, imperfect monitoring of a seller's effort level, and two possible transaction outcomes (corre...

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Bibliographic Details
Main Author: Dellarocas, Chrysanthos
Format: Working Paper
Language:en_US
Published: 2003
Subjects:
Online Access:http://hdl.handle.net/1721.1/1852