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MacLeod, W. Bentley [Author]; Malcomson, James [Author]

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

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  • Media type: E-Book; Report
  • Title: Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment: Thirty Years On
  • Contributor: MacLeod, W. Bentley [Author]; Malcomson, James [Author]
  • imprint: Bonn: Institute of Labor Economics (IZA), 2023
  • Language: English
  • Keywords: legal enforcement ; private information ; L14 ; L23 ; relational contracts ; L22 ; D21 ; L24 ; D86 ; informal enforcement ; incentives ; D82 ; D23
  • Origination:
  • Footnote: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Description: "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.
  • Access State: Open Access