How Blackwater Takes Uncle Sam for a Ride - and Why He Likes It
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Rogerson, William P, 1985. "The First-Order Approach to Principal-Agent Problems," Econometrica, Econometric Society, vol. 53(6), pages 1357-1367, November.
- Innes, Robert D., 1990. "Limited liability and incentive contracting with ex-ante action choices," Journal of Economic Theory, Elsevier, vol. 52(1), pages 45-67, October.
- Carlos Ortiz, 2010. "The new public management of security: the contracting and managerial state and the private military industry," Public Money & Management, Taylor & Francis Journals, vol. 30(1), pages 35-41, January.
- Spagnolo, Giancarlo & Calzolari, Giacomo, 2009. "Relational Contracts and Competitive Screening," CEPR Discussion Papers 7434, C.E.P.R. Discussion Papers.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Fahn, Matthias & Hadjer, Tahmina, 2015.
"Optimal contracting with private military and security companies,"
European Journal of Political Economy, Elsevier, vol. 37(C), pages 220-240.
- Fahn, Matthias & Hadjer, Tahmina, 2014. "Optimal contracting with private military and security companies," Munich Reprints in Economics 22178, University of Munich, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Fahn, Matthias & Hadjer, Tahmina, 2015.
"Optimal contracting with private military and security companies,"
European Journal of Political Economy, Elsevier, vol. 37(C), pages 220-240.
- Fahn, Matthias & Hadjer, Tahmina, 2014. "Optimal contracting with private military and security companies," Munich Reprints in Economics 22178, University of Munich, Department of Economics.
- Martimort, David & Stole, Lars, 2012.
"Representing equilibrium aggregates in aggregate games with applications to common agency,"
Games and Economic Behavior, Elsevier, vol. 76(2), pages 753-772.
- David Martimort & Lars Stole, 2012. "Representing equilibrium aggregates in aggregate games with applications to common agency," Post-Print hal-00813181, HAL.
- David Martimort & Lars Stole, 2012. "Representing equilibrium aggregates in aggregate games with applications to common agency," PSE-Ecole d'économie de Paris (Postprint) hal-00813181, HAL.
- David Martimort & Lars Stole, 2012. "Representing equilibrium aggregates in aggregate games with applications to common agency," PSE - Labex "OSE-Ouvrir la Science Economique" hal-00813181, HAL.
- Balmaceda, Felipe & Balseiro, Santiago R. & Correa, José R. & Stier-Moses, Nicolás E., 2016. "Bounds on the welfare loss from moral hazard with limited liability," Games and Economic Behavior, Elsevier, vol. 95(C), pages 137-155.
- Jonathan Levin, 2003.
"Relational Incentive Contracts,"
American Economic Review, American Economic Association, vol. 93(3), pages 835-857, June.
- Jonathan Levin, 2000. "Relational Incentive Contracts," Working Papers 01002, Stanford University, Department of Economics.
- Shingo Ishiguro, 2011. "Fair Contracts," Discussion Papers in Economics and Business 11-30, Osaka University, Graduate School of Economics.
- Malcomson James M, 2009.
"Principal and Expert Agent,"
The B.E. Journal of Theoretical Economics, De Gruyter, vol. 9(1), pages 1-36, May.
- James Malcomson, 2004. "Principal and Expert Agent," Economics Series Working Papers 193, University of Oxford, Department of Economics.
- Grenadier, Steven R. & Wang, Neng, 2005.
"Investment timing, agency, and information,"
Journal of Financial Economics, Elsevier, vol. 75(3), pages 493-533, March.
- Steven R. Grenadier & Neng Wang, 2005. "Investment Timing, Agency, and Information," NBER Working Papers 11148, National Bureau of Economic Research, Inc.
- Jiajia Cong & Wen Zhou, 2021. "Optimal contract under double moral hazard and limited liability," Journal of Economics, Springer, vol. 134(1), pages 49-71, September.
- Florian Hoffmann & Roman Inderst & Marcus Opp, 2021.
"Only Time Will Tell: A Theory of Deferred Compensation [Motivating Innovation in Newly Public Firms],"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(3), pages 1253-1278.
- Hoffmann, Florian & Inderst, Roman & Opp, Marcus M., 2018. "Only time will tell: A theory of deferred compensation," SAFE Working Paper Series 218, Leibniz Institute for Financial Research SAFE.
- Inderst, Roman & Opp, Marcus, 2019. "Only time will tell: A theory of deferred compensation," CEPR Discussion Papers 13643, C.E.P.R. Discussion Papers.
- Bengt Holmström, 2017. "Pay for Performance and Beyond," American Economic Review, American Economic Association, vol. 107(7), pages 1753-1777, July.
- Mathias Dewatripont & Patrick Legros & Steven A. Matthews, 2003.
"Moral Hazard and Capital Structure Dynamics,"
Journal of the European Economic Association, MIT Press, vol. 1(4), pages 890-930, June.
- Mathias Dewatripont & Patrick Legros & Steven A. Matthews, 2002. "Moral Hazard and Capital Structure Dynamics," Penn CARESS Working Papers dfdfbbfe0a5b0e04217a58a93, Penn Economics Department.
- Mathias Dewatripont & Patrick Legros & Steven Matthews, 2003. "Moral hazard and capital structure dynamics," ULB Institutional Repository 2013/9629, ULB -- Universite Libre de Bruxelles.
- Dewatripont, Mathias & Matthews, Steven A, 2002. "Moral Hazard and Capital Structure Dynamics," CEPR Discussion Papers 3487, C.E.P.R. Discussion Papers.
- Mathias Dewatripont & Patrick Legros & Steven A. Matthews, 2003. "Moral Hazard and Capital Structure Dynamics," PIER Working Paper Archive 03-006, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Alex Edmans & Xavier Gabaix, 2016.
"Executive Compensation: A Modern Primer,"
Journal of Economic Literature, American Economic Association, vol. 54(4), pages 1232-1287, December.
- Gabaix, Xavier & Edmans, Alex, 2015. "Executive Compensation: A Modern Primer," CEPR Discussion Papers 10566, C.E.P.R. Discussion Papers.
- Edmans, Alex & Gabaix, Xavier, 2016. "Executive Compensation: A Modern Primer," Scholarly Articles 34651704, Harvard University Department of Economics.
- Alex Edmans & Xavier Gabaix, 2015. "Executive Compensation: A Modern Primer," NBER Working Papers 21131, National Bureau of Economic Research, Inc.
- Marina Halac & Pierre Yared, 2022. "Instrument-Based versus Target-Based Rules [“The Economics of Labor Coercion”]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(1), pages 312-345.
- Li, Zhaolin, 2020. "Robust Moral Hazard with Distributional Ambiguity," Working Papers BAWP-2020-03, University of Sydney Business School, Discipline of Business Analytics.
- Schmidt, Klaus, 2017. "The 2016 Nobel Memorial Prize in Contract Theory," Rationality and Competition Discussion Paper Series 19, CRC TRR 190 Rationality and Competition.
- Georges Dionne & Sara Malekan, 2017.
"Optimal Form of Retention for Securitized Loans under Moral Hazard,"
Risks, MDPI, vol. 5(4), pages 1-13, October.
- Dionne, Georges & Malekan, Sara, 2015. "Optimal form of retention for securitized loans under moral hazard," Working Papers 15-4, HEC Montreal, Canada Research Chair in Risk Management.
- James M. Malcomson, 2011.
"Do Managers with Limited Liability Take More Risky Decisions? An Information Acquisition Model,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 20(1), pages 83-120, March.
- James Malcomson, 2009. "Do Managers with Limited Liability Take More Risky Decisions? An Information Acquisition Model," Economics Series Working Papers 453, University of Oxford, Department of Economics.
- James Malcomson, 2010. "Do Managers with Limited Liability Take More Risky Decisions? An Information Acquisition Model," CESifo Working Paper Series 2943, CESifo.
- Englmaier, Florian & Wambach, Achim, 2010.
"Optimal incentive contracts under inequity aversion,"
Games and Economic Behavior, Elsevier, vol. 69(2), pages 312-328, July.
- Englmaier, Florian & Wambach, Achim, 2005. "Optimal Incentive Contracts under Inequity Aversion," IZA Discussion Papers 1643, Institute of Labor Economics (IZA).
- Englmaier, Florian & Wambach, Achim, 2010. "Optimal incentive contracts under inequity aversion," Munich Reprints in Economics 22027, University of Munich, Department of Economics.
- Budde, Jörg, 2009. "Information in tournaments under limited liability," Journal of Mathematical Economics, Elsevier, vol. 45(1-2), pages 59-72, January.
- Mario Tirelli, 2017.
"Optimal Financial Contracts With Unobservable Investments,"
Departmental Working Papers of Economics - University 'Roma Tre'
0230, Department of Economics - University Roma Tre.
- Tirelli, Mario, 2018. "Optimal financial contracts with unobservable investments," MPRA Paper 86444, University Library of Munich, Germany.
More about this item
Keywords
International Conflicts; Private Military and Security Companies; Moral Hazard; Relational Contracts;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
- F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CDM-2014-05-17 (Collective Decision-Making)
- NEP-CTA-2014-05-17 (Contract Theory and Applications)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lmu:muenec:20832. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tamilla Benkelberg (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.