Contractual externalities and systemic risk
Year of publication: |
October 2017
|
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Authors: | Ozdenoren, Emre ; Yuan, Kathy |
Published in: |
The review of economic studies. - Oxford : Oxford Univ. Press, ISSN 0034-6527, ZDB-ID 209928-7. - Vol. 84.2017, 4, p. 1789-1817
|
Subject: | Contractual externalities | Relative and absolute performance contracts | Pro-cyclical effort exertion and risk-taking | Many principal-agent pairs | Prinzipal-Agent-Theorie | Agency theory | Theorie | Theory | Externer Effekt | Externalities | Leistungsanreiz | Performance incentive | Vertrag | Contract |
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