Selling information to competitive firms.
Abstract: Internal agency conflicts distort firms' choices and reduce social welfare. To limit these distortions, principals dealing with privately informed agents often acquire information from specialized intermediaries, such as auditing and certification companies, that are able to ascertain, and...
| Published in: | RAND Journal of Economics (Wiley-Blackwell) Vol. 49; no. 1; pp. 254 - 283 |
|---|---|
| Main Authors: | , , |
| Format: | Article |
| Published: |
Wiley-Blackwell
Spring2018
|
| Subjects: | |
| Online Access: | View this record in EBSCOhost |