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The Value of Self-Reported Costs in Repeated Investment Decisions.

John C. Fellingham; Richard A. Young

The Accounting Review 1990

Abstract Describes a model where an endogenous demand for cost reports exists, and characterizes optimal contracts. Achievement of cost report perspective; Necessary conditions for communication; Incorporation of cost reports within an optimal contract; Costs and benefits of communication-based two-period contracts.

DOI
10.2308/tar-9603274130
Volume
65 (4)
Pages
837-856
Language
en
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