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Journal of Economic Theory
Volumn 120, Issue 2, 2005, Pages 239-256
When to fire a CEO: Optimal termination in dynamic contracts
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EID: 12444299083     PISSN: 00220531     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jet.2004.02.008     Document Type: Article
Times cited : (50)
References (7)
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    • E.C. Prescott, & N. Wallace (Eds.), Minneapolis, MN: University of Minnesota Press
    • Green E. Lending and the smoothing of uninsurable income in: Prescott E.C. Wallace N. (Eds.) Contractual Arrangements for Intertemporal Trade 1987 University of Minnesota Press Minneapolis, MN
    • (1987) Contractual Arrangements for Intertemporal Trade
    • Green, E.1
  • 2
    • 0001900756 scopus 로고
    • Takerovers: Their causes and consequences
    • Jensen M.C. Takerovers: Their causes and consequences J. Econ. Perspectives 2 1 1988 21-48
    • (1988) J. Econ. Perspectives , vol.2 , Issue.1 , pp. 21-48
    • Jensen, M.C.1
  • 3
    • 0001312619 scopus 로고
    • Repeated moral hazard and one-sided commitment
    • Phelan C. Repeated moral hazard and one-sided commitment J. Econ. Theory 66 1995 488-506
    • (1995) J. Econ. Theory , vol.66 , pp. 488-506
    • Phelan, C.1
  • 4
    • 0000959684 scopus 로고
    • Equilibrium unemployment as a worker-discipline device
    • Shapiro C. Stiglitz J.E. Equilibrium unemployment as a worker-discipline device Amer. Econ. Rev. 74 1984 433-444
    • (1984) Amer. Econ. Rev. , vol.74 , pp. 433-444
    • Shapiro, C.1    Stiglitz, J.E.2
  • 5
    • 0010929674 scopus 로고
    • On repeated moral hazard with discounting
    • Spear S.E. Srivastava S. On repeated moral hazard with discounting Rev. Econ. Stud. 54 1987 599-617
    • (1987) Rev. Econ. Stud. , vol.54 , pp. 599-617
    • Spear, S.E.1    Srivastava, S.2
  • 6
    • 0001250369 scopus 로고
    • Incentive effects of termination: Applications to the credit and labor markets
    • Stiglitz J.E. Weiss A. Incentive effects of termination: Applications to the credit and labor markets Amer. Econ. Rev. 73 1983 912-927
    • (1983) Amer. Econ. Rev. , vol.73 , pp. 912-927
    • Stiglitz, J.E.1    Weiss, A.2
  • 7
    • 0031236228 scopus 로고    scopus 로고
    • Incentives, CEO compensation, and shareholder wealth in a dynamic agency model
    • Wang C. Incentives, CEO compensation, and shareholder wealth in a dynamic agency model J. Econ. Theory 76 1997 72-105
    • (1997) J. Econ. Theory , vol.76 , pp. 72-105
    • Wang, C.1

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