Arbeitspapier

Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment: Thirty Years On

"Implicit Contracts, incentive compatibility, and involuntary unemployment" (MacLeod and Malcomson, 1989) remains our most highly cited work. We briefly review the development of this paper and of our subsequent related work, and conclude with reflections on the future of relational contract theory and practice.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 15881

Klassifikation
Wirtschaft
Firm Behavior: Theory
Organizational Behavior; Transaction Costs; Property Rights
Asymmetric and Private Information; Mechanism Design
Economics of Contract: Theory
Transactional Relationships; Contracts and Reputation; Networks
Firm Organization and Market Structure
Organization of Production
Contracting Out; Joint Ventures; Technology Licensing
Thema
relational contracts
informal enforcement
legal enforcement
incentives
private information

Ereignis
Geistige Schöpfung
(wer)
MacLeod, W. Bentley
Malcomson, James
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2023

Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • MacLeod, W. Bentley
  • Malcomson, James
  • Institute of Labor Economics (IZA)

Entstanden

  • 2023

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