Dynamic managerial compensation: A variational approach
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DOI: 10.1016/j.jet.2015.04.004
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More about this item
Keywords
Incentives; Dynamic mechanism design; Adverse selection; Moral hazard; Persistent productivity shocks; Risk aversion;All these keywords.
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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