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文章基本信息

  • 标题:A COLLECTIVE PERFORMANCE-BASED CONTRACT FOR POINT-NONPOINT SOURCE POLLUTION TRADING
  • 本地全文:下载
  • 作者:Taylor, Michael A. ; Randall, Alan ; Sohngen, Brent
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2003
  • 期号:suppl
  • 出版社:Journal of Agribusiness
  • 摘要:Collective performance-based trading can be achieved by pairing a team contract with an auction to determine team membership. The auction effectively overcomes adverse selection, and the team contract reduces the incentive to "free-ride" associated with moral hazard in teams.
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