- optimal contract
- The contract that balances the three types of agency costs (contracting, monitoring, and misbehavior) against one another to minimize the total cost. Bloomberg Financial Dictionary
Financial and business terms. 2012.
optimal contract
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Optimal contract — The contract that balances the three types of agency costs (contracting, monitoring, and misbehavior) against one another to minimize the total cost. The New York Times Financial Glossary … Financial and business terms
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