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Trust and Moral Hazard: An Analysis of the Motorcycle-taxi Market in Togo and Benin
Trust and Moral Hazard: Motorcycle-taxi Market in Togo Benin
2014/12/26
In the motorcycle taxi market in Sub-Saharan Africa, the relation b etween the owners and the drivers is characte riz ed by a principal agent problem with the following features: (i) the principal can...