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Stairway to heaven or highway to hell: Liquidity, sweat equity, and the uncertain path to ownership
Krishna, R. Vijay; Lopomo, Giuseppe; Taylor, Curtis R. - In: The Rand journal of economics 44 (2013) 1, pp. 104-127
Persistent link: https://www.econbiz.de/10010100869
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Stairway to heaven or highway to hell : liquidity, sweat equity, and the uncertain path to ownership
Krishna, R. Vijay; Lopomo, Guiseppe; Taylor, Curtis R. - 2010
Persistent link: https://www.econbiz.de/10009560330
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Stairway to Heaven or Highway to Hell: Liquidity, Sweat Equity, and the Uncertain Path to Ownership
Krishna, R. Vijay; Lopomo, Giuseppe - Duke University, Department of Economics - 2010
A principal contracts optimally with an agent to operate a firm over an infinite time horizon when the agent is liquidity constrained and has access to private information about the sequence of cost realizations. We formulate this mechanism design problem as a recursive dynamic program in which...
Persistent link: https://www.econbiz.de/10008764956
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Stairway to heaven or highway to hell : liquidity, sweat equity, and the uncertain path to ownership
Krishna, R. Vilay; Lopomo, Giuseppe; Taylor, Curtis R. - In: The Rand journal of economics 44 (2013) 1, pp. 104-127
Persistent link: https://www.econbiz.de/10009774929
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Stairway to Heaven or Highway to Hell : Liquidity, Sweat Equity, and the Uncertain Path to Ownership
Taylor, Curtis R. - 2010
A principal contracts optimally with an agent to operate a firm over an infinite time horizon when the agent is liquidity constrained and has access to private information about the sequence of cost realizations. We formulate this mechanism design problem as a recursive dynamic program in which...
Persistent link: https://www.econbiz.de/10013137623
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Communication in games of incomplete information : two players
Krishna, R. Vijay - In: Journal of economic theory 132 (2007) 1, pp. 584-592
Persistent link: https://www.econbiz.de/10003407827
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Consumer privacy and the market for customer information
Taylor, Curtis R. - In: The Rand journal of economics 35 (2004) 4, pp. 631-650
Persistent link: https://www.econbiz.de/10002729867
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Supplier surfing : competition and consumer behavior in subscription markets
Taylor, Curtis R. - In: The Rand journal of economics 34 (2003) 2, pp. 223-246
Persistent link: https://www.econbiz.de/10001782528
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Delivery-contingent contracts for research
Taylor, Curtis R. - In: The journal of law, economics, & organization 9 (1993) 1, pp. 188-203
Persistent link: https://www.econbiz.de/10001168712
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The economics of breakdowns, checkups, and cures
Taylor, Curtis R. - In: Journal of political economy 103 (1995) 1, pp. 53-74
Persistent link: https://www.econbiz.de/10001176409