Entry and Managerial Incentives: A Note.

This note reinforces the results in a paper by Sen (1993). It is shown that his assumption that the incentive schemes in a two-period model are the same for the two periods is not necessary for the results: only the long-term nature of contracts with managers matters. Copyright 2000 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

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Year of publication:	2000
Authors:	Barcena-Ruiz, Juan Carlos ; Espinosa, Maria Paz
Published in:	Bulletin of Economic Research. - Wiley Blackwell. - Vol. 52.2000, 2, p. 175-80
Publisher:	Wiley Blackwell

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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