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Uncertainty, pay for performance and adverse selection in a competitive labor market
Balmaceda M., Felipe (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002381240
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Contracting with moral hazard, adverse selection and risk neutrality : when does one size fit all?
Balmaceda M., Felipe - In: International journal of game theory : official journal … 49 (2020) 2, pp. 601-637
Persistent link: https://www.econbiz.de/10012591697
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Private vs. public communication : difference of opinion and reputational concerns
Balmaceda M., Felipe - In: Journal of economic theory 196 (2021), pp. 1-40
Persistent link: https://www.econbiz.de/10012813467
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Uncertainty, Pay for Performance, and Asymmetric Information
Balmaceda, Felipe - 2010
This article develops a new rationale for the emergence of pay-for-performance contracts where the labor market is competitive, workers are risk averse, and firms are risk neutral and unaware of workers' productivities. The article shows that the prevalence of pay for performance rises and the...
Persistent link: https://www.econbiz.de/10013150889