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The imperfection of the audit technology is costless up to a threshold, beyond which it causes a distortion in the incentive compatible contract or even prevents its existence.
For each contract in the arrow at the 45({^circ }) line, aimed at high risks, the corresponding incentive compatible contract aimed at low risks is found in the arrow at the minimum coverage line.
Denote by (x) the intersection between the minimum coverage line and the indifference curve (V^{H}(H^{1}).) Obviously, (x) is in segment (L^{1}-L^{2}) and is an incentive compatible contract intended for low-risks.
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This paper shows how informed financial intermediaries can reduce their trading competition by designing optimal incentive compatible contracts for the sale of information.
On the other hand we also demonstrate that an incentive-compatible contract exists that can promote efficient landscape management (by combining side-payments with fines for defection).
In a manufacturer retailer system with private retail cost information, we find that a set of incentive-compatible contracts consisting of wholesale and buyback prices can coordinate the channel for any retail cost.
Mr. Balog, the government minister, said the contract was compatible with E.U. law.
First, Marxists have argued that freedom of contract is compatible with exploitation and oppression and Marxist feminists have taken marriage as a special example, arguing against contractualizing it on these grounds (Pateman 1988, 162 188).
One researcher (SDM or SM) prescreened respondents by telephone to determine whether they fulfilled the criterion of poorly controlled asthma and whether they had a contract with a compatible mobile phone network and a compatible handset.
These smart contracts are compatible with any wallet, as well as exchanges that use a standard coin API.
Particularly, it might be that the GPs perceive the new responsibilities implied by the reform (i.e. more out of office work and interdisciplinary work), which is more time consuming and difficult to measure, to be less compatible with the current default contract.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com