Optimal Labour Contracts when Workers have a Variety of Privately Observed Reservation Wages
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Publication:3339612
DOI10.2307/2297469zbMATH Open0547.90007OpenAlexW2061065834MaRDI QIDQ3339612FDOQ3339612
Authors:
Publication date: 1985
Published in: Review of Economic Studies (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/2297469
Recommendations
- Under- and overemployment in optimal layoff contracts
- Dynamic labor contracts with temporary layoffs and permanent separations
- Involuntary Layoffs in a Model with Asymmetric Information Concerning Worker Ability
- Implicit contracts with effort incentives
- Existence and characterization of optimal employment contracts on a continuous state space
labor marketasymmetric informationmicroeconomicsunderemploymentstochastic contractsoptimal labour contractsoveremploymentsecond-best contract
Cited In (22)
- The French first employment contract: Efficient screening device or Kleenex contract?
- Involuntary unemployment and worker self-selection
- WAGE‐RISE CONTRACT AND QUANTITY COMPETITION WITH PROFIT‐MAXIMIZING AND LABOUR‐MANAGED FIRMS
- Countervailing incentives in agency problems
- A Welfare Analysis of Employment Contracts with and without Asymmetric Information
- Designing multi-period supply contracts in a two-echelon supply chain with asymmetric information
- Reservation wage and optimal contract for experts
- Under- and overemployment in optimal layoff contracts
- Who Benefits from Workers with General Skills? Countervailing Incentives in Labour Contracts
- Wage bargaining as an optimal control problem: A dynamic version of the right-to-manage model
- The provision of wage incentives: a structural estimation using contracts variation
- A note on long-term contracts
- Discretionary acquisition of firm-specific human capital under non-verifiable performance
- Efficient union labour contracts under seniority employment rules
- Dynamic labor contracts with temporary layoffs and permanent separations
- Investments as signals of outside options
- Implicit contracts with effort incentives
- Existence and characterization of optimal employment contracts on a continuous state space
- The Role of Turnover Costs in the Enforcement of Performance-Related Pay Contracts
- Optimal employment contracts with bankruptcy constraints
- Pensions in Labor Contracts
- Job protection versus contracts at-will: trading-off entrenchment and shirking
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