Gaming and strategic opacity in incentive provision
It is often suggested that incentive schemes under moral hazard can be gamed by an agent with superior knowledge of the environment and that deliberate lack of transparency about the incentive scheme can reduce gaming. We formally investigate these arguments in a two-task moral hazard model in which...
| Main Authors: | , , |
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| Format: | Working paper |
| Published: |
University of Oxford
2013
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