Implicit contracts, incentive compatibility, and involuntary unemployment: thirty years on

Preprint

1 January 2023

preprint
Published by RePEc in RePEc

Abstract

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.

Keywords

CONTRACT
UNEMPLOYMENT
INVOLUNTARY
IMPLICIT
INCENTIVE COMPATIBILITY
MALCOMSON
MACLEOD
CITED

All Related Versions

Version 1, 2023-01-01, RePEc

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