The Effective Design of Managerial Incentive Systems:Combining Theoretical Principles and Practical Trade'-offs
On the use of theoretical developments in agency economics for the practical design of incentive- and performance-based compensation systems.
|Date of creation:||May 2001|
|Date of revision:||29 Jun 2003|
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0-88-1, Pennsylvania State - Department of Economics.
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- Lazear, Edward P & Rosen, Sherwin, 1981.
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- Alessandro Rossi, 1999. "Incentives in Managerial Compensation: A Survey of Experimental Research. (Draft Paper)," ROCK Working Papers 003, Department of Computer and Management Sciences, University of Trento, Italy, revised 12 Jun 2008.
- Myerson, Roger B., 1982. "Optimal coordination mechanisms in generalized principal-agent problems," Journal of Mathematical Economics, Elsevier, vol. 10(1), pages 67-81, June.
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- Canice Prendergast, 1999. "The Provision of Incentives in Firms," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 7-63, March.
- Barron, John M & Gjerde, Kathy Paulson, 1997. "Peer Pressure in an Agency Relationship," Journal of Labor Economics, University of Chicago Press, vol. 15(2), pages 234-54, April.
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