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Entry and Managerial Incentives: A Note (2000)

Carlos Bárcena-Ruiz, Juan ; Paz Espinosa, Marı´a

Oxford, UK and Boston, USA : Blackwell Publishers Ltd

Bulletin of economic research 52 (2000), S. 0

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ISSN: 1467-8586

Source: Blackwell Publishing Journal Backfiles 1879-2005

Topics: Economics

Notes: This note reinforces the results in a paper by Sen (International Journal of Industrial Organization, vol. 11, 1993, pp. 123–37). It is shown that his assumption that the incentive schemes in a two-period model are the same for the two periods is not necessary for the results: only the long-term nature of contracts with managers matters.

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1111/1467-8586.00102

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