Insurance and Information: Firms as a Commitment Device
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Andrei Shleifer & Lawrence H. Summers, 1988.
"Breach of Trust in Hostile Takeovers,"
NBER Chapters, in: Corporate Takeovers: Causes and Consequences, pages 33-68,
National Bureau of Economic Research, Inc.
- Andrei Shleifer & Lawrence H. Summers, 1987. "Breach of Trust in Hostile Takeovers," NBER Working Papers 2342, National Bureau of Economic Research, Inc.
- Hans-Werner Sinn, 1996.
"Social insurance, incentives and risk taking,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 3(3), pages 259-280, July.
- Hans-Werner Sinn, 1995. "Social Insurance, Incentives, and Risk Taking," NBER Working Papers 5335, National Bureau of Economic Research, Inc.
- Hans-Werner Sinn, 1996. "Social Insurance, Incentives and Risk Taking," CESifo Working Paper Series 102, CESifo.
- Sinn, Hans-Werner, 1996. "Social Insurance, Incentives and Risk Taking," Munich Reprints in Economics 19834, University of Munich, Department of Economics.
- James A. Mirrlees, 1976. "The Optimal Structure of Incentives and Authority Within an Organization," Bell Journal of Economics, The RAND Corporation, vol. 7(1), pages 105-131, Spring.
- Alan J. Auerbach, 1988. "Corporate Takeovers: Causes and Consequences," NBER Books, National Bureau of Economic Research, Inc, number auer88-1.
- Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
- Alan B. Krueger, 1991. "Ownership, Agency, and Wages: An Examination of Franchising in the Fast Food Industry," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(1), pages 75-101.
- Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
- Greif, Avner, 1993. "Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders' Coalition," American Economic Review, American Economic Association, vol. 83(3), pages 525-548, June.
- MacLeod, W Bentley & Malcomson, James M, 1989.
"Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment,"
Econometrica, Econometric Society, vol. 57(2), pages 447-480, March.
- W. Bentley MacLeod & James M. Malcomson, 1986. "Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment," Working Paper 585, Economics Department, Queen's University.
- Allen, Douglas W & Lueck, Dean, 1999. "The Role of Risk in Contract Choice," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 15(3), pages 704-736, October.
- Greif, Avner & Milgrom, Paul & Weingast, Barry R, 1994. "Coordination, Commitment, and Enforcement: The Case of the Merchant Guild," Journal of Political Economy, University of Chicago Press, vol. 102(4), pages 745-776, August.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bovenberg, A.L. & Teulings, C.N., 2002.
"Insurance and Information : Firms as a Commitment Device,"
Discussion Paper
2002-36, Tilburg University, Center for Economic Research.
- Teulings, Coen & Bovenberg, Lans, 2002. "Insurance and Information: Firms as a Commitment Device," CEPR Discussion Papers 3441, C.E.P.R. Discussion Papers.
- Bovenberg, A.L. & Teulings, C.N., 2002. "Insurance and Information : Firms as a Commitment Device," Other publications TiSEM fb5c7b17-cf60-4bf5-b5ef-8, Tilburg University, School of Economics and Management.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2373-2437 is not listed on IDEAS
- Vincenzo Scoppa, 2003.
"Contratti incompleti ed enforcement endogeno. Una rassegna della letteratura,"
Economia politica, Società editrice il Mulino, issue 3, pages 391-440.
- Scoppa, Vincenzo, 2003. "Contratti Incompleti Ed Enforcement Endogeno. Una Rassegna Della Letteratura [Incomplete Contracts and Endogenous Enforcement. A Survey]," MPRA Paper 17284, University Library of Munich, Germany.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2291-2372 is not listed on IDEAS
- Anders Frederiksen & Elod Takats, 2004. "Optimal incentive mix of performance pay and efficiency wage," CERS-IE WORKING PAPERS 0418, Institute of Economics, Centre for Economic and Regional Studies.
- Patrick Francois & Joanne Roberts, 2003.
"Contracting Productivity Growth,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(1), pages 59-85.
- Patrick Francois & Joanne Roberts, 2000. "Contracting Productivity Growth," Working Papers jorob-99-02, University of Toronto, Department of Economics.
- Francois, P. & Roberts, J., 2001. "Contracting Productivity Growth," Other publications TiSEM 7c9a1efd-33c0-4355-a101-4, Tilburg University, School of Economics and Management.
- Francois, P. & Roberts, J., 2001. "Contracting Productivity Growth," Discussion Paper 2001-35, Tilburg University, Center for Economic Research.
- Vegas, E & Ganimian, A. J., 2013.
"Theory and Evidence on Teacher Policies in Developed and Developing Countries,"
Working Paper
104291, Harvard University OpenScholar.
- Vegas, Emiliana & Ganimian, Alejandro, 2013. "Theory and Evidence on Teacher Policies in Developed and Developing Countries," IDB Publications (Working Papers) 4597, Inter-American Development Bank.
- Jun-Koo Kang & Jungmin Kim, 2020. "Do Family Firms Invest More than Nonfamily Firms in Employee-Friendly Policies?," Management Science, INFORMS, vol. 66(3), pages 1300-1324, March.
- Balmaceda, Felipe & Balseiro, Santiago R. & Correa, José R. & Stier-Moses, Nicolás E., 2016. "Bounds on the welfare loss from moral hazard with limited liability," Games and Economic Behavior, Elsevier, vol. 95(C), pages 137-155.
- Brandts, Jordi & Corgnet, Brice & Hernán-González, Roberto & Ortiz, José Mª & Solà, Carles, 2021.
"Watching or not watching? Access to information and the incentive effects of firing threats,"
Journal of Economic Behavior & Organization, Elsevier, vol. 189(C), pages 672-685.
- Jordi Brandts & Brice Corgnet & Roberto Hernán-González & José M. Ortiz & Carles Solà, 2018. "Watching or Not Watching? Access to Information and the Incentive Effects of Firing Threats," Working Papers 1023, Barcelona School of Economics.
- Rudolf Kerschbamer & Muriel Niederle & Josef Perktold, 2000. "Market Institutions and Quality Enforcement," Econometric Society World Congress 2000 Contributed Papers 1482, Econometric Society.
- W. Bentley MacLeod & Daniel Parent, 2015.
"Transaction Costs and the Employment Contract in the US Economy,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 31(suppl_1), pages 40-76.
- MacLeod, W. Bentley & Parent, Daniel, 2013. "Transactions Costs and the Employment Contract in the US Economy," IZA Discussion Papers 7306, Institute of Labor Economics (IZA).
- Marianne Bertrand & Sendhil Mullainathan, 1999.
"Is There a Discretion in Wage Setting? A Test Using Takeover Legislation,"
RAND Journal of Economics, The RAND Corporation, vol. 30(3), pages 535-554, Autumn.
- Bertrand, M. & Mullainathan, S., 1998. "Is there Discretion in Wage Setting? A Test Using Takeover Legislation," Papers 203, Princeton, Woodrow Wilson School - Public and International Affairs.
- Marianne Bertrand & Sendhil Mullainathan, 1998. "Is There Discretion in Wage Setting? A Test Using Takeover Legislation," Working Papers 785, Princeton University, Department of Economics, Industrial Relations Section..
- Marianne Bertrand & Sendhil Mullainathan, 1998. "Is There Discretion in Wage Setting? A Test Using Takeover Legislation," NBER Working Papers 6807, National Bureau of Economic Research, Inc.
- Sendhil Mullainathan & Marianne Bertrand, 1998. "Is there Discretion in Wage Setting? A Test Using Takeover Legislation," Working papers 98-19, Massachusetts Institute of Technology (MIT), Department of Economics.
- Corgnet, Brice & Hernán-González, Roberto & Mateo, Ricardo, 2023.
"Peer effects in an automated world,"
Labour Economics, Elsevier, vol. 85(C).
- Brice Corgnet & Roberto Hernán-González & Ricardo Mateo, 2023. "Peer effects in an automated world," Post-Print hal-04376052, HAL.
- John G. Sessions & Nikolaos Theodoropoulos, 2014.
"Tenure, Wage Profiles and Monitoring,"
Research in Labor Economics, in: New Analyses of Worker Well-Being, volume 38, pages 105-162,
Emerald Group Publishing Limited.
- Sessions, John G. & Theodoropoulos, Nikolaos, 2008. "Tenure, Wage Profiles and Monitoring," IZA Discussion Papers 3307, Institute of Labor Economics (IZA).
- Louis N. Christofides & Michael Hoy & Ling Yang, 2008. "The Determinants of University Participation in Canada (1977-2003)," University of Cyprus Working Papers in Economics 4-2009, University of Cyprus Department of Economics.
- John Sessions & N Theodoropoulos, 2009. "Tenure, Wage Profiles and Monitoring," Department of Economics Working Papers 27/09, University of Bath, Department of Economics.
- Jean-Louis Bago & Bruce Shearer, 2022. "Risk preferences and contract choices," Experimental Economics, Springer;Economic Science Association, vol. 25(5), pages 1374-1398, November.
- John S. Earle & Klara Sabirianova Peter, 2006. "Complementarity and Custom in Contract Violation," Upjohn Working Papers 06-129, W.E. Upjohn Institute for Employment Research.
- James M. Malcomson, 2012.
"Relational Incentive Contracts [The Handbook of Organizational Economics],"
Introductory Chapters,,
Princeton University Press.
- James Malcomson, 2010. "Relational Incentive Contracts," Economics Series Working Papers 508, University of Oxford, Department of Economics.
- Ourania Karakosta & Nikos Tsakiris, 2009. "Indirect Tax Reforms and Public Goods under Imperfect Competition," University of Cyprus Working Papers in Economics 5-2009, University of Cyprus Department of Economics.
- Ghatak, Maitreesh & Mueller, Hannes, 2011.
"Thanks for nothing? Not-for-profits and motivated agents,"
Journal of Public Economics, Elsevier, vol. 95(1-2), pages 94-105, February.
- Ghatak, Maitreesh & Mueller, Hannes, 2011. "Thanks for nothing? Not-for-profits and motivated agents," Journal of Public Economics, Elsevier, vol. 95(1), pages 94-105.
- Maitreesh Ghatak & Hannes Mueller, 2009. "Thanks for Nothing? Not-for-Profits and Motivated Agents," STICERD - Economic Organisation and Public Policy Discussion Papers Series 014, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Ghatak, Maitreesh & Mueller, Hannes, 2010. "Thanks for Nothing? Not-for-Profits and Motivated Agents," CEPR Discussion Papers 7663, C.E.P.R. Discussion Papers.
- Fahn, Matthias & MacLeod, W. Bentley & Muehlheusser, Gerd, 2023. "Past and Future Developments in the Economics of Relational Contracts," IZA Discussion Papers 16427, Institute of Labor Economics (IZA).
More about this item
Keywords
Insurance; implicit contracts; moral hazard; principal agent; commitment; shirking;All these keywords.
JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tin:wpaper:20010020. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tinbergen Office +31 (0)10-4088900 (email available below). General contact details of provider: https://edirc.repec.org/data/tinbenl.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.