Implicit Contracts Under Asymmetric Information
- 1 January 1983
- journal article
- Published by JSTOR in The Quarterly Journal of Economics
- Vol. 98, 123
- https://doi.org/10.2307/1885377
Abstract
A model is analyzed where the firm knows more about its own profit opportunities than do its workers. It is shown that because of this asymmetric information, s...Keywords
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