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Multi-period Contract Problems with Verifiable and Unverifiable Outputs
http://hdl.handle.net/2261/50209
http://hdl.handle.net/2261/502095a1e7c22-078e-4e47-b72c-334550958f0e
| Item type | テクニカルレポート / Technical Report(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2013-05-31 | |||||
| タイトル | ||||||
| タイトル | Multi-period Contract Problems with Verifiable and Unverifiable Outputs | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Different Length Contracts | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Unveri able Outputs | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Unveri able Investments | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | Unveri able Ability | |||||
| キーワード | ||||||
| 主題Scheme | Other | |||||
| 主題 | JEL Codes: D86, J41, J31 | |||||
| 資源タイプ | ||||||
| 資源 | http://purl.org/coar/resource_type/c_18gh | |||||
| タイプ | technical report | |||||
| アクセス権 | ||||||
| アクセス権 | metadata only access | |||||
| アクセス権URI | http://purl.org/coar/access_right/c_14cb | |||||
| 著者 |
Kamiya, Kazuya
× Kamiya, Kazuya× Sato, Meg |
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| 著者所属 | ||||||
| 著者所属 | Faculty of Economics, University of Tokyo | |||||
| 著者所属 | ||||||
| 著者所属 | Crawford School of Economics & Government, The Australian National University | |||||
| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | Labour contracts tend to be more complicated than one simple short or long-term contract which is the basis of previous studies. Combinations of different length contracts become essential when principals expect to maximize not only verifiable outputs but also observable but unverifiable outputs, e.g., leadership. This paper is the first to develop a theoretical model of multi-period contracts that combine short-, mid-, and long-term contracts. We show that combinations of different length contracts vary by the relative importance of verifiable and unverifiable outputs and relative efficiency of investments in human capital made for each output. We also determine thresholds where the principal switches from offering one type of contract to the other. | |||||
| 内容記述 | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | 本文フィルはリンク先を参照のこと | |||||
| 書誌情報 |
Discussion paper series. CIRJE-F 巻 CIRJE-F-800, 発行日 2011-04 |
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| 書誌レコードID | ||||||
| 収録物識別子タイプ | NCID | |||||
| 収録物識別子 | AA11450569 | |||||
| フォーマット | ||||||
| 内容記述タイプ | Other | |||||
| 内容記述 | application/pdf | |||||
| 日本十進分類法 | ||||||
| 主題Scheme | NDC | |||||
| 主題 | 335 | |||||
| 出版者 | ||||||
| 出版者 | 日本経済国際共同センター | |||||
| 出版者別名 | ||||||
| Center for International Research on the Japanese Economy | ||||||
| 関係URI | ||||||
| 識別子タイプ | URI | |||||
| 関連識別子 | http://www.cirje.e.u-tokyo.ac.jp/research/dp/2011/2011cf800ab.html | |||||
