Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10002110147
Holmström's (1982/99) career concerns model has become an important workhorse for the analysis of agency issues in many fields. The underlying signal jamming argument requires players to use information in a Bayesian way which may or may not reasonably approximate real-life decision makers'...
Persistent link: https://www.econbiz.de/10002433792