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It is a highly disputed question in the literature how state subsidy influences the behavior of the entrepreneurs and accordingly the growth prospects of the economy. Most authors agree that state intervention in financing deteriorates the incentives of the entrepreneur, but there is no...
Persistent link: https://www.econbiz.de/10010494606
It is a highly disputed question in the literature how state subsidy influences the behavior of the entrepreneurs and accordingly the growth prospects of the economy. Most authors agree that state intervention in financing deteriorates the incentives of the entrepreneur, but there is no...
Persistent link: https://www.econbiz.de/10010429128
contract theory. Contract theory is a subfield of game theory where the conflict between the owner - the principal - and the …
Persistent link: https://www.econbiz.de/10011944900
contract theory. Contract theory is a subfield of game theory where the conflict between the owner - the principal - and the …
Persistent link: https://www.econbiz.de/10011588720
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