Assertion: agency's agent | /r/CapableOf | choose unobservable effort level
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Source sentences:
text: Hart and Holmström (1987) divide moral hazard models in the categories "hidden action" (e.g., the agent chooses an unobservable effort level) and "hidden information" (e.g., the agent learns his valuation of a good, which is modelled as a random draw by nature).