Contracting with a quiet-life manager
نویسندگان
چکیده
منابع مشابه
Medicare contracting risk/Medicare risk contracting: a life-cycle view from twelve markets.
OBJECTIVE To examine the evolution of the Medicare HMO program from 1996 to 2001 in 12 nationally representative urban markets by exploring how the separate and confluent influences of government policy initiatives and health plans' strategic aims and operational experience affected the availability of HMOs to Medicare beneficiaries. DATA SOURCE Qualitative data gathered from 12 nationally re...
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odels of bilateral contracting, such as the canonical holdup model, typically assume that third parties are not available. Given this assumption, the equilibrium outcome is not first-best efficient if contracts can be renegotiated. To be more specific, suppose an architect and a builder must cooperate to build a building. The quality of the building will depend on three things: the quality of t...
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This paper proposes a model for multilateral contracting, where contracts are written and renegotiated over time, and where contracts may impose externalities on other agents. Equilibria always exist and the equilibrium value function is linear and monotonically increasing on the contracts. If the grand coalition, or contracting among all agents, is inefficient we show that bargaining delays ar...
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Much of our understanding of corporations builds on the idea that managers, when they are not closely monitored, will pursue goals that are not in shareholders’ interests. But what goals would managers pursue? This paper uses variation in corporate governance generated by state adoption of antitakeover laws to empirically map out managerial preferences. We use plant-level data and exploit a uni...
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Sumnmry--Seventy-nine predelinquent and delinquent youths and their families were offered treatment utilizing contingency contracting as an element of time-constrained (I 5, 45, or 90-day) treatment. An analysis of contracts and their effects yielded the following conclusions: (a) contracts tend to depend more upon the therapist and his interventions than upon features of the client; (b) the ch...
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ژورنال
عنوان ژورنال: Economic Research-Ekonomska Istraživanja
سال: 2019
ISSN: 1331-677X,1848-9664
DOI: 10.1080/1331677x.2019.1645717