Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment (Q3818076): Difference between revisions

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Revision as of 12:50, 5 March 2024

scientific article
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Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment
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    Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment (English)
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    1989
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    moral hazard
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    labor market
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    enforceability of employment contracts
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    self- enforcing implicit contracts
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    perfect equilibria in a repeated game
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    principal-agent models
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    market equilibrium
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    involuntary unemployment
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    renegotiation proofness
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