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Moral Hazard in High Office and the Dynamics of Aristocracy

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Publication:4614314
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DOI10.3982/ECTA9737zbMath1419.91571MaRDI QIDQ4614314

Roger B. Myerson

Publication date: 30 January 2019

Published in: Econometrica (Search for Journal in Brave)


zbMATH Keywords

soft budget constraintfoundations of stateminimizing turnovermoral-hazard rents


Mathematics Subject Classification ID

History, political science (91F10)


Related Items (4)

Incentives for research agents and performance-vested equity-based compensation ⋮ A theory of national development bank: long-term investment and the agency problem ⋮ Optimal Monitoring Schedule in Dynamic Contracts ⋮ Optimal Contract for Machine Repair and Maintenance






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