Contractual externalities and systemic risk

Journal

Review of Economic Studies

Subject

Economics

Publishing details

Review of Economic Studies 2017 Vol 84:4 p 1789-1817

Authors / Editors

Ozdenoren E; Yuan K

Biographies

Ozdenoren E

Publication Year

2017

Keywords

Contractual externalities; relative and absolute performance contracts; pro-cyclical effort exertion and risk taking; many principle-agent pairs