Concepedia

Incentive Effects of Terminations: Applications to the Credit and Labor Markets

Joseph E. Stiglitz, Andrew Weiss

American Economic Review · 1983 · 564 citations · 5 references

DOIFull text

Open access

Concepts

Abstract

Stiglitz and Weiss examine the incentive effects of terminations in terms of applications to the credit and labor markets.

References

5

The Market for "Lemons": Quality Uncertainty and the Market Mechanism

George A. Akerlof · The Quarterly Journal of Economics · 1970 · 22.6K citations

, , +8

Credit Rationing in Markets with Imperfect Information

Joseph E. Stiglitz, Andrew Weiss · American Economic Review · 1981 · 12.9K citations · Full text

, , +13

Job Queues and Layoffs in Labor Markets with Flexible Wages

Andrew Weiss · Journal of Political Economy · 1980 · 630 citations

, , +14

THE USE OF COLLATERAL TO ENFORCE DEBT CONTRACTS

Daniel K. Benjamin · Economic Inquiry · 1978 · 77 citations

, , +17

Information and the Law: Evaluating Legal Restrictions on Competitive Contracts

Janusz A. Ordover, Andrew Weiss · RePEc: Research Papers in Economics · 1981 · 11 citations

, , +16