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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Format: | Working Paper |
Language: | en_US |
Published: |
2003
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Online Access: | http://hdl.handle.net/1721.1/1852 |