The theory of incentives : the principal-agent model /

Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun...

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Bibliographic Details
Main Author: Laffont, Jean-Jacques, 1947-2004
Other Authors: Martimort, David
Format: Electronic eBook
Language:English
Published: Princeton, N.J. : Princeton University Press, 2002.
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