Courty, Pascal; Marschke, Gerald - Institute for the Study of Labor (IZA) - 2008
, moral hazard, incentives, matching, pre-matching
investment, career choice, medical specialization
Corresponding … extent endogenous. We also con-
sider pre-matching investment by physicians to capture the e ort supplied during medical … the stage one pre-matching investment choices.
The de nition of W2;SB(c;s) becomes clear. In period two, physician c and …