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Incentive roles of fringe benefits in compensation contracts

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  • Liang Zou
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    File URL: http://hdl.handle.net/10.1007/BF01226934
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    Bibliographic Info

    Article provided by Springer in its journal Journal of Economics Zeitschrift für Nationalökonomie.

    Volume (Year): 65 (1997)
    Issue (Month): 2 (June)
    Pages: 181-199

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    Handle: RePEc:kap:jeczfn:v:65:y:1997:i:2:p:181-199

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    Web page: http://www.springerlink.com/link.asp?id=108909

    Related research

    Keywords: fringe benefits; moral hazard; risk sharing; incentives; G32; G39;

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    References

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    1. Haugen, Robert A & Senbet, Lemma W, 1981. "Resolving the Agency Problems of External Capital through Options," Journal of Finance, American Finance Association, vol. 36(3), pages 629-47, June.
    2. Ross, Stephen A, 1973. "The Economic Theory of Agency: The Principal's Problem," American Economic Review, American Economic Association, vol. 63(2), pages 134-39, May.
    3. Sanford Grossman & Oliver Hart, . "An Analysis of the Principal-Agent Problem," Rodney L. White Center for Financial Research Working Papers 15-80, Wharton School Rodney L. White Center for Financial Research.
    4. Mirrlees, James A, 1971. "An Exploration in the Theory of Optimum Income Taxation," Review of Economic Studies, Wiley Blackwell, vol. 38(114), pages 175-208, April.
    5. Harris, Milton & Raviv, Artur, 1979. "Optimal incentive contracts with imperfect information," Journal of Economic Theory, Elsevier, vol. 20(2), pages 231-259, April.
    6. Sappington, David, 1983. "Limited liability contracts between principal and agent," Journal of Economic Theory, Elsevier, vol. 29(1), pages 1-21, February.
    7. Akerlof, George A, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, MIT Press, vol. 97(4), pages 543-69, November.
    8. Dye, Ronald A & Antle, Rick, 1984. "Self-Selection via Fringe Benefits," Journal of Labor Economics, University of Chicago Press, vol. 2(3), pages 388-411, July.
    9. Arthur Selender & Liang Zou, 1994. "Limited liability and the underlying-asset constraint: on the use of share-derivative contracts to resolve agency problems," Journal of Economics, Springer, vol. 59(2), pages 149-166, June.
    10. Keeney, Ralph L, 1973. "Risk Independence and Multiattributed Utility Functions," Econometrica, Econometric Society, vol. 41(1), pages 27-34, January.
    11. Jewitt, Ian, 1988. "Justifying the First-Order Approach to Principal-Agent Problems," Econometrica, Econometric Society, vol. 56(5), pages 1177-90, September.
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    Cited by:
    1. repec:iab:iabzaf:v:38:i:1:p:30-48 is not listed on IDEAS
    2. Lutz, Roman, 2005. "Determinanten betrieblicher Zusatzleistungen," Discussion Papers 35, Friedrich-Alexander-University Erlangen-Nuremberg, Chair of Labour and Regional Economics.
    3. Lutz, Roman, 2005. "Produktivitätseffekte betrieblicher Zusatzleistungen (Productivity effects of employee benefits)," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 38(1), pages 30-48.

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