Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment (Q3818076)
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English | 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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