Santos, Manuel S.Morfov, Stanimir2010-03-162010-03-162009-032009-06https://hdl.handle.net/10016/7380The 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 analyzedapplication/pdfengAtribución-NoComercial-SinDerivadas 3.0 EspañaAnálisis dinámicoModelo de equilibrio generalDirección de empresasEquilibrio económicoProgramación dinámicadoctoral thesisEconomíaopen access