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Optimal Effort in Multi-Year Contracts: An Empirical Analysis

Author

Listed:
  • John L. Solow

    (University of Iowa)

  • Elena Pastorino

    (University of Iowa)

  • Harry J. Paarsch

    (University of Melbourne)

Abstract

offered to players in Major League Baseball, focusing on hitters.

Suggested Citation

  • John L. Solow & Elena Pastorino & Harry J. Paarsch, 2010. "Optimal Effort in Multi-Year Contracts: An Empirical Analysis," 2010 Meeting Papers 134, Society for Economic Dynamics.
    • Handle: RePEc:red:sed010:134
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    Cited by:

    1. Wang, Cheng, 1997. "Incentives, CEO Compensation, and Shareholder Wealth in a Dynamic Agency Model," Journal of Economic Theory, Elsevier, vol. 76(1), pages 72-105, September.
    2. Spear, Stephen E. & Wang, Cheng, 2005. "When to fire a CEO: optimal termination in dynamic contracts," Journal of Economic Theory, Elsevier, vol. 120(2), pages 239-256, February.

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