Implicit contracts, incentive compatibility, and involuntary unemployment: thirty years on

'Implicit Contracts, Incentive Compatibility, and Involuntary Unemployment' (MacLeod and Malcomson, 1989) remains our most highly citedwork.We briefly review the development of this paper and of our subsequent related work, and conclude with reflections on the future of relational contract...

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Bibliographic Details
Main Authors: MacLeod, WB, Malcomson, J
Format: Journal article
Language:English
Published: Mohr Siebeck 2023