This is a preview of subscription content, log in via an institution to check access.
References
G. Akerlof, “The Market for ‘Lemons’: Quality, Uncertainty and the Market Mechanism,”Quarterly Journal of Economics, 1970.
A. A. Alchian and H. Demsetz, “Production, Information Costs, and Economic Organization,”American Economic Review, December 1972.
M. Harris and A. Raviv, “Some Results of Incentive Contracts,”American Economic Review, March 1978.
J. Hirschleifer,Price Theory and Application, Prentice Hall, 1976.
B. Holmstrom, “Moral Hazard and Observability,”Bell Journal of Economics, Spring 1979.
P. Horvitz, “The Pricing of Textbooks and the Remuneration of Authors,”American Economic Review (Supplement), May 1966.
H. Leland, “Theory of the Firm Facing Random Demand,”American Economic Review, June 1972.
Chin Lim, “Theory of the Firm: Uncertainty and Choice of Experiments,”Journal of Economic Theory, V, 24, 1981, pp. 328–61.
A. Plant, “The Economic Aspects of Copyright in Books,”Economica, May 1934.
A. Sandmo, “On the Theory of the Competitive Firm Under Price Uncertainty,”American Economic Review, March 1971.
S. Shavell, “Risk Sharing and Incentives in the Principal and Agent Relationship,”Bell Journal of Economics, Spring 1979.
E. Sheshinski and J. H. Dreze, “Demand Fluctuations, Capacity Utilization, and Costs,”American Economic Review, December 1976.
Author information
Authors and Affiliations
Additional information
The authors highly appreciate a helpful discussion with William Baumol on some of the ideas of this paper. They also wish to thank an anonymous referee for correcting a mathematical error as well as commenting on the paper. The usual caveat applies.
Rights and permissions
About this article
Cite this article
Katz, E., Paroush, J. Royalty Vs. partnership agreement in the creative arts. Atlantic Economic Journal 12, 41–46 (1984). https://doi.org/10.1007/BF02306498
Issue Date:
DOI: https://doi.org/10.1007/BF02306498