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On reputation: a microfoundation of contract enforcement and price rigidity
Fehr, Ernst; Brown, Martin; Zehnder, Christian - 2008
We study the impact of reputational incentives in markets characterized by moral hazard problems. Social preferences have been shown to enhance contract enforcement in these markets, while at the same time generating considerable wage and price rigidity. Reputation powerfully amplifies the...
Persistent link: https://www.econbiz.de/10010268857
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On reputation: a microfoundation of contract enforcement and price rigidity
Fehr, Ernst; Brown, Martin; Zehnder, Christian - In: The economic journal : the journal of the Royal … 119 (2009), pp. 333-353
Persistent link: https://www.econbiz.de/10003818084
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On reputation : a microfoundation of contract enforcement and price rigidity
Fehr, Ernst; Brown, Martin; Zehnder, Christian - 2008
Persistent link: https://www.econbiz.de/10003803754
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On reputation : a microfoundation of contract enforcement and price rigidity
Fehr, Ernst; Brown, Martin; Zehnder, Christian - 2008
Persistent link: https://www.econbiz.de/10003804362
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On reputation : a microfoundation of contract enforcement and price rigidity
Fehr, Ernst (contributor); Brown, Martin (contributor);  … - 2008
. -- Reputation ; reciprocity ; relational contracts ; price rigidity ; wage rigidity …
Persistent link: https://www.econbiz.de/10003750306
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On Reputation : A Microfoundation of Contract Enforcement and Price Rigidity
Fehr, Ernst - 2013
We study the impact of reputational incentives in markets characterized by moral hazard problems. Social preferences have been shown to enhance contract enforcement in these markets, while at the same time generating considerable wage and price rigidity. Reputation powerfully amplifies the...
Persistent link: https://www.econbiz.de/10012711004
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On Reputation : A Microfoundation of Contract Enforcement and Price Rigidity
Fehr, Ernst; Brown, Martin; Zehnder, Christian - 2021
We study the impact of reputational incentives in markets characterized by moral hazard problems. Social preferences have been shown to enhance contract enforcement in these markets, while at the same time generating considerable wage and price rigidity. Reputation powerfully amplifies the...
Persistent link: https://www.econbiz.de/10013325011
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On Reputation: A Microfoundation of Contract Enforcement and Price Rigidity
Fehr, Ernst; Brown, Martin; Zehnder, Christian - Institute for the Study of Labor (IZA) - 2008
We study the impact of reputational incentives in markets characterized by moral hazard problems. Social preferences have been shown to enhance contract enforcement in these markets, while at the same time generating considerable wage and price rigidity. Reputation powerfully amplifies the...
Persistent link: https://www.econbiz.de/10005822329
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On Reputation: A Microfoundation of Contract Enforcement and Price Rigidity
Brown, Martin; Fehr, Ernst; Zehnder, Christian - Schweizerische Nationalbank (SNB) - 2008
We study the impact of reputational incentives in markets characterized by moral hazard problems. Social preferences have been shown to enhance contract enforcement in these markets, while at the same time generating considerable wage and price rigidity. Reputation powerfully amplifies the...
Persistent link: https://www.econbiz.de/10005069892
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On Reputation: A Microfoundation of Contract Enforcement and Price Rigidity
Brown, Martin; Zehnder, Christian; Fehr, Ernst - Schweizerische Nationalbank (SNB) - 2008
We study the impact of reputational incentives in markets characterized by moral hazard problems. Social preferences have been shown to enhance contract enforcement in these markets, while at the same time generating considerable wage and price rigidity. Reputation powerfully amplifies the...
Persistent link: https://www.econbiz.de/10008925002