Chapter | Pensions, Labor, and Individual Choice | 1985

Implicit Labor Contracts Viewed as Options: A Discussion of 'Insurance Aspects of Pensions'

by Robert C. Merton

Keywords: Compensation and Benefits; Decision Choices and Conditions; Contracts; Labor and Management Relations; Insurance;

Citation:

Merton, Robert C. "Implicit Labor Contracts Viewed as Options: A Discussion of 'Insurance Aspects of Pensions'." In Pensions, Labor, and Individual Choice, edited by D. A. Wise. Chicago: University of Chicago Press, 1985.