Title of article
The interaction of explicit and implicit contracts
Author/Authors
Klaus M. Schmidt، نويسنده , , Monika Schnitzer، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1995
Pages
7
From page
193
To page
199
Abstract
We analyze explicit and implicit contracts in a repeated principal-agent model with observable but only partially contractable actions of the agent. It is shown that the set of implementable actions may increase or decrease if additional actions become contractable.
Keywords
Implicit contracts , Repeated games
Journal title
Economics Letters
Serial Year
1995
Journal title
Economics Letters
Record number
433916
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