Jackson, C. Kirabo; Schneider, Henry S. - In: American Economic Journal: Applied Economics 3 (2011) 3, pp. 244-67
This study investigates the role of social networks in aligning the incentives of agents in settings with incomplete contracts. Specifically, the study examines the New York City taxi industry where taxis are often leased and lessee-drivers have worse driving outcomes than owner-drivers due to...