Discouraging Rivals: Managerial Rent-Seeking and Economic Inefficiencies
收藏数据链接：
官方服务：
资源简介：
We argue here for a broader view of the biases in managers' decisions: In general, managerial rent-seeking affects not only the level of investment, but also the form. Our basic hypothesis is simple: given the now well-established scope for managerial discretion, managers have an incentive to
提供机构：
美国国家经济研究局创建时间：
1992-08-01
