kaal:claim:2097160-002

The methodological assumptions of incomplete contract theory improve the analysis of executive compensation arrangements relative to the classical and spot contract models normally used.

Source quote, verbatim
The methodological assumptions of incomplete contract theory can improve the analysis of executive compensation arrangements.
From

Wulf A. Kaal, Contingent Capital in Executive Compensation (2012), Abstract, p. 1
https://ssrn.com/abstract=2097160 · source PDF

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Wulf A. Kaal, Contingent Capital in Executive Compensation (2012). SSRN: https://ssrn.com/abstract=2097160

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designsupport: arguedeconomicsinstitutional-designcorporate-governanceresearch-methods

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