Implicit vs. Explicit Incentives: Theory and a Case Study
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References listed on IDEAS
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- Jörg Budde & Matthias Kräkel, 2011.
"Limited liability and the risk–incentive relationship,"
Journal of Economics, Springer, vol. 102(2), pages 97-110, March.
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Quantitative Macroeconomics Working Papers
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More about this item
Keywordsimplicit contract; explicit bonus pay; premature contract termination; compensation and productivity estimates;
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- M50 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - General
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