Contracting in Peer Networks
收藏NBER2021-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28378
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资源简介：
We consider multi-agent multi-firm contracting when agents benchmark their wages to a weighted average of their peers, where weights may vary within and across firms. Despite common shocks, compensation benchmarking can undo performance benchmarking, so that wages load positively rather than
提供机构：
美国国家经济研究局
创建时间：
2021-01-01
