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http://hdl.handle.net/10016/7380
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| Title: | Executive compensation in a dynamic model |
| Author(s): | Morfov, Stanimir |
| Advisor(s): | Santos, Manuel S. |
| Publisher: | Universidad Carlos III de Madrid. Departamento de Economía |
| Issued date: | Mar-2009 |
| Defense date: | Jun-2009 |
| URI: | http://hdl.handle.net/10016/7380 |
| Abstract: | The thesis generalizes the notion of commitment by defining the outside options on the history observed in a dynamic contractual setting. It studies how history dependence through reservation utilities affects the provision of insurance and incentives and the dynamics of the contract with a special focus on executive compensation. Stock options and contract terminations are also analyzed |
| Review: | PeerReviewed |
| Keywords: | Análisis dinámico
Modelo de equilibrio general
Dirección de empresas
Equilibrio económico
Programación dinámica |
| Appears in Collections: | Tesis Doctorales
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