Jean-Jacques Laffont, Tchétché N'Guessan 
 Group Contracting and Enforcement
 Section: Articles 
    Published 09.07.2018 
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-   10.1628/0932456012974549
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 We consider a principal-multiagent framework with adverse selection when contracting is possible ex ante. However, enforcement of contracts is imperfect, which results in inefficiencies. We study how group contracting may or may not mitigate those inefficiencies.
