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Two-Sided Learning and the Ratchet Principle
16 references·0 citing·43 second hop
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References

  • 1994Investment Under Uncertainty.9,497 cited
  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 2007Brownian Motion and Stochastic Calculus7,421 cited
  • 1997Earnings management to avoid earnings decreases and losses3,839 cited
  • 1999Managerial Incentive Problems: A Dynamic Perspective3,169 cited
  • 1993A Theory of Incentives in Procurement and Regulation3,005 cited
  • 1999Earnings Management to Exceed Thresholds2,764 cited
  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 2007Why Has U.S. Inflation Become Harder to Forecast?1,719 cited
  • 1986A Theory of Ambiguity, Credibility, and Inflation under Discretion and Asymmetric Information1,287 cited
  • 2013Earnings quality: Evidence from the field1,102 cited
  • 2009Continuous-time Stochastic Control and Optimization with Financial Applications1,041 cited
  • 1988The Dynamics of Incentive Contracts682 cited
  • 1986Stochastic Calculus and Applications.673 cited
  • 2009Inflation-Gap Persistence in the US544 cited
  • 1985Planning under Incomplete Information and the Ratchet Effect

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