between the principal’s incentive contract design and the agent’s output decisions influenced by their incentive contracts ….The results show, that the optimal contract parameters for controlling an agent’s effort and his product market behavior depend … for sequential competition yield findings on the benefits of the market position as leader or follower. Moreover, contract …

. We consider a stylized repeated procurement framework in which a buyer awards a contract over time to two firms with …

contract is superior as long as the firm faces no credibility problem. The individual bonus contract may, however, become …

rigidities. Neoclassical implicit contract theory has been vindicated. Or has it? Obvious empirical difficulties remain … the processes of production and exchange, principles of an alternative conceptualization of contract theory are sketched … local labor markets, part 2: reinterpreting contract theory', Environment and Planning A, 15(3), 365-377. [Available at http://www.envplan.com/A.html]. …