Insider--Outsider Theory and the Case for Implicit Contracts
论证内部人-外部人理论与隐性契约是互补而非竞争关系，通过混合模型展示两种理论的预测如何被修正，对研究劳动市场契约的经济学者有参考价值。
The purpose of this paper is to show that insider-outsider theory and implicit contracts are complementary rather than rival theories. Insider-outsider theory introduces some realistic institutional detail into implicit contracts, and insider-outsider theory is enriched by a more careful consideration of optimal wage contracts under conditions of uncertainty, which is the main comparative advantage of the implicit contract approach. The paper introduces a hybrid model and shows how the predictions of both approaches are modified. Copyright 1992 by Royal Economic Society.