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Reference.org
Costly state verification
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<h2 id="see-also">See also</h2> <ul><li><a href="/facts/Complete_contract/XCUlnkmq">Complete contract</a></li> <li><a href="/facts/Contract_theory_(Economics)/LCf7EHyr">Contract theory (Economics)</a></li> <li><a href="/facts/Agency_cost/wksQS80R">Agency cost</a></li></ul> <ul><li>Townsend, R.M., 1979. Optimal contracts and competitive markets with costly state verification. Journal of Economic Theory 21(2), 265–293.</li> <li>Gale, Douglas and Hellwig, Martin (1985), "Incentive-Compatible Debt Contracts I: The One-Period Problem", Review of Economic Studies 52, 647-64</li> <li>Bolton, Patrick and Dewatripont, Mathias. Contract Theory. MIT Press, 2005.</li></ul>