relationships and on how firms provide incentives to employees. This literature has been very successful in generating models and … conform to theory. We survey some literature in this area and suggest areas for further research …

compensation plans on personal productivity. We study an international law firm that moves from high-powered individual incentives … towards incentives for "leadership" activities that contribute to the firm's long run profitability. The effect of this change …

We derive a measure that captures the extent to which overlapping ownership structures shift managers' incentives to … possibility that the growth of common ownership has had a significant impact on managerial incentives …

We study the effect of physician incentives in an HMO network. Physician incentives are controversial because they may … induce doctors to make treatment decisions that differ from those they would chose in the absence of incentives. We set out a … suggestive evidence that financial incentives linked to commonly used quality measures may stimulate an improvement in measured …

In this paper I summarize four new strands in agency theory that help me think about incentives in real organizations … assessments; incentives for skill development rather than simply for effort; and incentive contracts between versus within … organizations. I conclude by suggesting two avenues for further progress in agency theory: better integration with organizational …

theory of agency, notably income insurance and multi-task considerations, also shape pay policies. The conclusion we draw …