R&D incentives and competitive pressure under hidden information
نویسندگان
چکیده
منابع مشابه
Hidden Action and Incentives
A common economic occurrence is the following: Two parties, principal and agent, are in a situation—typically of their choosing—in which actions by the agent impose an externality on the principal. Not surprisingly, the principal will want to influence the agent’s actions. This influence will often take the form of a contract that has the principal compensating the agent contingent on either hi...
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ژورنال
عنوان ژورنال: Southern Economic Journal
سال: 2021
ISSN: 0038-4038,2325-8012
DOI: 10.1002/soej.12503