The no‐upward‐crossing condition, comparative statics, and the moral‐hazard problem

DOI10.3982/TE2937zbMath1466.91159OpenAlexW3023398061MaRDI QIDQ4991722

Hector Chade, Jeroen M. Swinkels

Publication date: 3 June 2021

Published in: Theoretical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3982/te2937

zbMATH Keywords

first-order approachmoral hazardquasi-concavitylog-supermodularity

Mathematics Subject Classification ID

Contract theory (moral hazard, adverse selection) (91B41)

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