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Table 1 Benefits and costs matrix for stakeholders

From: Reducing the quality risk of elderly care services in government procurement from market-oriented private providers through ex ante policy design: lessons from the principal-agent theory analysis

Stakeholders Benefits Costs
Government U(λ, q(x)) p(x)q(x)
Market-oriented private providers p(x)q(x) + w(σ, ε, x) C(θ, q(x), x)
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