The Simple Analytics of Implicit Labour Contracts

Mark Taylor

Bulletin of Economic Research, 1987, vol. 39, issue 1, 1-27

Abstract: This paper outlines the development and exposits some of the central ideas of implicit contract theory using only basic mathematics (mainly Lagrangeans) and diagrams. Copyright 1987 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Date: 1987
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