Browsing The Economic and Social Review, Vol. 26, No. 1, October, 1994 by Subject "Asymetric information"
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Adverse selection and moral hazard in government grant giving
(Economic & Social Studies, Dublin, 1994)The purpose of this paper is to relate problems of asymmetric information to government grant giving. The innovation in the paper is to extend the asymmetricity to both principal (donor/government) and agent (recipient) ...