Quarterly Journal of Economics Vol. 78 No. 2 1964
The Theory of Contractual Incentives for Cost Reduction
Abstract
I. The basic contract types, 258. — II. The contractor's profit maximization problem, 261. — III. Outlay minimization by the government as buyer, 271. — IV. Consistency with empirical evidence, 273. — V. Toward a theory of risk aversion, 276. — VI. Some broader implications, 278.
- DOI
- 10.2307/1879326
- Volume
- 78
- Issue
- 2
- Pages
- 257
- Sources
- openalex crossref