%0 Report
        %A Schnedler, Wendelin
        %T The Virtue of Being Underestimated: A Note on Discriminatory Contracts in Hidden Information Models
        %D 2001
        %8 2001 Aug
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 342
        %U https://www.iza.org/publications/dp342
        %X A standard hidden information model is considered to study the influence of the a priori productivity distribution on the optimal contract. A priori more productive (hazard rate dominant) agents work less, enjoy lower rents, but generate a higher expected surplus.
        %K stochastic order relation
%K statistical discrimination
%K Adverse selection