Monitoring cost, agency relationships, and equilibrium modes of labor contracts

Moral Hazard and Observability

Bengt Holmström · The Bell Journal of Economics · 1979 · 8.5K citations

Business, Business Economics, Contract Law +17

Risk Sharing and Incentives in the Principal and Agent Relationship

Steven Shavell · The Bell Journal of Economics · 1979 · 1.3K citations

Business, Business Economics, Economics +17

Implicit Contracts and Underemployment Equilibria

Costas Azariadis · Journal of Political Economy · 1975 · 1.2K citations

Business, Business Economics, Economics +17

Agency, Earnings Profiles, Productivity, and Hours Restrictions

Edward P. Lazear · American Economic Review · 1981 · 1.2K citations

Social Sciences, Business Economics, Agency Theory +13

Wages and Employment under Uncertain Demand

Martin Neil Baily · The Review of Economic Studies · 1974 · 897 citations

Social Sciences, Economics, Labor Economics +11