Productivity and credibility in industry equilibrium.
I analyze a model of production in a competitive environment with heterogeneous firms. Efficient production requires individuals within the organization to take noncontractible actions for which rewards must be informally promised rather than contractually assured. The credibility of such promises o...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 50; no. 1; pp. 121 - 147 |
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| Formato: | Artículo |
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Wiley-Blackwell
Spring2019
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| Acceso en línea: | Ver este registro en EBSCOhost |