| Schmidt, Klaus M.; Schnitzer, Monika (1995): The interaction of explicit and implicit contracts. In: Economics Letters, Vol. 48, No. 2: pp. 193-199 |
Full text not available from 'Open Access LMU'.
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.
| Item Type: | Journal article |
|---|---|
| Faculties: | Economics Economics > Chairs > Seminar for Economic Theory Economics > Chairs > Seminar for Comparative Economics |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| ID Code: | 19763 |
| Deposited On: | 15. Apr 2014 08:53 |
| Last Modified: | 29. Apr 2016 09:17 |
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