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Performance Contracting

In: Performance Benchmarking

Author

Listed:
  • Peter Bogetoft

    (Copenhagen Business School CBS
    Yale Univeristy)

Abstract

One of the most interesting applications of benchmarking is to facilitate incentive provision. The design of incentive schemes is very important in firms, organizations and societies. It does not suffice to develop a perfectly coordinated plan. The agents involved in the plan must also have incentives to implement it.

Suggested Citation

  • Peter Bogetoft, 2012. "Performance Contracting," Management for Professionals, in: Performance Benchmarking, edition 127, chapter 0, pages 195-223, Springer.
    • Handle: RePEc:spr:mgmchp:978-1-4614-6043-5_8
    DOI: 10.1007/978-1-4614-6043-5_8
    as

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