Managerial compensation with hyperbolic discounting
Year of publication: |
2021
|
---|---|
Authors: | Niu, Yingjie ; He, Linfeng ; Wu, Wei |
Published in: |
Finance research letters. - Amsterdam [u.a.] : Elsevier, ISSN 1544-6123, ZDB-ID 2181386-3. - Vol. 38.2021, p. 1-10
|
Subject: | Compensation plan | Flow payoff | Investment threshold | Lump-sum payoff | Time inconsistent preferences | Theorie | Theory | Zeitkonsistenz | Time consistency | Führungskräfte | Managers | Diskontierung | Discounting | Intertemporale Entscheidung | Intertemporal choice | Leistungsentgelt | Performance pay |
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