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The ratchet principle and performance incentives

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The ratchet principle and performance incentives

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Author: Weitzman, Martin L.
Publisher: Cambridge, Mass. : Dept. of Economics, Massachusetts Institute of Technology
Date Issued: 1979
URI: http://hdl.handle.net/1721.1/64083
Other Identifiers: ratchetprinciple00weit
Series/Report no.: Working paper (Massachusetts Institute of Technology. Dept. of Economics) ; no. 239

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