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Optimal managerial contract) Estimates of the direct, monitoring, and misbehavIUP LOSL for three different managerial contracts are given here. Which of the contracts is optimal?
Optimal managerial contract) Estimates of the direct, monitoring, and misbehavIUP LOSL for three different managerial contracts are given here. Which of the contracts is optimal? CONTRACTING COSTS MONITORING COSTS MISBEHAVIOR CONTRACT COSTS $7.0 3.5 $4.5 6.0 $3.5 2.5 2.0
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