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Incentives in simple bargaining games

✍ Scribed by Martin Sefton

Publisher
Elsevier Science
Year
1992
Tongue
English
Weight
849 KB
Volume
13
Category
Article
ISSN
0167-4870

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## Abstract Modern corporate governance codes include clauses requiring the disclosure of managerial compensation. Such codes have been installed to protect shareholders' interests. In this paper, we explore the impact of such disclosure on consumer welfare. We consider two‐stage delegation games i