SME E-Cooperation: A Theoretical Team Contract Analysis Under Hidden Information

@article{Alderete2012SMEEA,
  title={SME E-Cooperation: A Theoretical Team Contract Analysis Under Hidden Information},
  author={Mar{\'i}a Ver{\'o}nica Alderete},
  journal={IJeC},
  year={2012},
  volume={8},
  pages={53-64}
}
Virtual Cooperation among SME firms can be analyzed from different theoretical perspectives. This paper considers e-cooperation among firms under asymmetric information. Firms cooperate jointly to produce some output or service, and they organize in teams whose firms' characteristics are imperfectly observed. Suppose firms can observe their efforts or actions but they cannot observe the disutility of effort which they can discover after the contract is signed. The objective of this paper is to… CONTINUE READING