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Economics Letters
Volume 15, Issues 3-4, 1984, Pages 277-282

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doi:10.1016/0165-1765(84)90113-7 | How to Cite or Link Using DOI

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Moral hazard: Economic meaning of the conditions justifying the first-order approach

Nirvikar Singh∗

University of California, Santa Cruz, CA 95064, USA

Received 1 December 1983; Available online 23 March 2002.