Would this constitute a moral hazard. if so what would the, Ask an Expert

Economics

Moral hazard

Suppose the Sri Lanka government awarded contracts to private companies to rebuild the countryâ??s infrastructure damaged by the tsunami and it based its contracts on a percentage of the cost of the reconstruction. Would this constitute a moral hazard? If so, what would the government need to do to prevent such a problem?

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Business Economics, Economics

Category:- Business Economics
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