Implicit contracts with effort incentives
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Publication:917414
DOI10.1007/BF01227500zbMATH Open0704.90017MaRDI QIDQ917414FDOQ917414
Publication date: 1990
Published in: Journal of Economics (Search for Journal in Brave)
demand uncertaintydominant strategylabor contractsNash-equilibrium mechanismoptimal employment levelsprincipal-agent approach
Cites Work
- The First-Order Approach to Principal-Agent Problems
- Optimal incentive contracts with imperfect information
- A note on overemployment/underemployment in labor contracts under asymmetric information
- Optimal Production and Allocation Under Uncertainty
- Risk Independence and Multiattributed Utility Functions
- Under- and overemployment in optimal layoff contracts
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