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The Dynamics of Incentive Contracts
Home
Publications
The Dynamics of Incentive Contracts
The Dynamics of Incentive Contracts
JL
Jean-Jacques Laffont
Jean-Jacques Laffont
JT
Jean Tirole
Jean Tirole
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1 September 1988
journal article
Published by
JSTOR
in
Econometrica
Vol. 56
(5)
,
1153
https://doi.org/10.2307/1911362
Abstract
The paper studies a simple two-period principal/agent model in which the principal updates the incentive scheme after observing the agent's first-period per...
Keywords
MODEL
SCHEME
INCENTIVE CONTRACTS
TWO PERIOD
DYNAMICS OF INCENTIVE
CONTRACTS THE PAPER
PERIOD PRINCIPAL/AGENT
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Open Access
Cited by 405 articles