James Malcomson
Ph.D., Harvard University, FBA, Fellow of the Econometric Society
Professor of Economics
College or Institution: All Souls College
Email address: .(JavaScript must be enabled to view this email address)
Research Interests
Summary: Contracts and incentives, especially their implications for labour markets and for provision of health services, with incomplete information; internal organisation of firm
My recent research has been concerned with the implications of contracts and incentives, especially when there is incomplete information, for labour markets (wages and unemployment) and for the provision of health services. My current research is concerned with the widespread use of relational contracts, a term used to describe a contractual arrangement in which some or all of the conditions relevant to the parties are not specified in a legally binding form, but are left to be sorted out within the framework of an on-going relationship. An example concerns what precisely constitutes satisfactory performance in employment.
Courses Taught at the University
Note: These web-links are only available within the University
Research Group(s)
Recent Working Papers
- Nash Bargaining, Credible Bargaining and Efficiency Wages in a Matching Model for the US (2010)
- Relational Incentive Contracts (2010)
- Do Managers with Limited Liability Take More Risky Decisions? An Information Acquisition Model (2009)
- Supplier Discretion over Provision: Theory and an Application to Medical Care (2005)
- Principal and Expert Agent (2004)
- The Specification of Diagnosis-Related Groups (2003)
- Health Service Gatekeepers (2003)
- General Training by Firms, Apprentice Contracts, and Public Policy (2002)
- Cost Sharing in Health Service Provision: An Empirical Assessment of Cost Savings (2001)
- Performance, Promotion, and the Peter Principle (2000)
- see more working papers by this author
Other Web Sites:
Category: Faculty