Dynamic Agency and the q Theory of Investment

Material TypeArticleLanguageEnglish
TitleDynamic Agency and the q Theory of Investment Author(S)PETER M. DEMARZO (Author)
Abstract  We develop an analytically tractable model integrating dynamic investment theory with dynamic optimal incentive contracting, thereby endogenizing financing constraints. I ...Paginationp 2295–2340
SubjectEconomicsDescriptorsEconomics
Journal TitleThe Journal of Finance  
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