The theory of incentives : the principal-agent model /

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Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Laffont, Jean-Jacques, 1947-2004
Otros Autores: Martimort, David
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton, N.J. : Princeton University Press, 2002.
Colección:Book collections on Project MUSE.
Temas:
Economics.
Incentives in industry.
Economics
Économie politique.
Stimulants dans l'industrie.
economics.
POLITICAL SCIENCE > Public Policy > Economic Policy.
BUSINESS & ECONOMICS > Government & Business.
BUSINESS & ECONOMICS > Development > Economic Development.
BUSINESS & ECONOMICS > Development > Business Development.
BUSINESS & ECONOMICS > Structural Adjustment.
BUSINESS & ECONOMICS > Development > General.
BUSINESS & ECONOMICS > Economics > General.
Incentives in industry
Anreiz
Agency-Theorie
Economie.
Agency theorie.
Transactiekosten.
Speltheorie.
Microéconomie.
Stimulants dans l'industrie > Modèles mathématiques.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; Title; Copyright; Contents; Foreword; Introduction; 1 Incentives in Economic Thought; 2 The Rent Extraction-Efficiency Trade-Off; 3 Incentive and Participation Constraints with Adverse Selection; 4 Moral Hazard: The Basic Trade-Offs; 5 Incentive and Participation Constraints with Moral Hazard; 6 Nonverifiability; 7 Mixed Models; 8 Dynamics under Full Commitment; 9 Limits and Extensions; References; Author Index; Subject Index.

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