Incentives in government contracts |
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| Authors: | Stefan Reichelstein Kent Osband |
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| Affiliation: | School of Business Administration, University of California, Berkeley, CA 94720, USA;Department of Economics, University of California, Berkeley, CA 94720, USA |
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| Abstract: | This paper is concerned with the structure of compensation schemes that a government might employ when contracting with a private firm. We characterize the class of all compensation schemes that induce contracting firms to share their inside information with the government. |
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