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Attention-Driven Demand for Bonus Contracts

Dertwinkel-Kalt, Markus - 2019

, competition does not eliminate but rather exacerbates inefficiencies arising from contracting with focused agents. Common contract …

Persistent link: https://www.econbiz.de/10012890631

Learning from Failures : Optimal Contract for Experimentation and Production

Khalil, Fahad - 2019

derive the optimal contract for both experimentation and production when the agent has private information about his … asymmetric information is endogenously determined by the length of the experimentation stage. An optimal contract uses the length …

Persistent link: https://www.econbiz.de/10012892041

Balanced Scorecards : A Relational Contract Approach

Kvaløy, Ola; Olsen, Trond E. - 2021

performance measures. We show that such an index contract may indeed be optimal if performance measures are non-verifiable so that … measurements), the optimal self-enforcing (relational) contract between a principal and a multitasking agent is an index contract …. The weights reflect a trade-off between distortion and precision for the measures. The efficiency of the contract improves …

Persistent link: https://www.econbiz.de/10013243235

Stochastic Contracts and Subjective Evaluations

Lang, Matthias - 2021

Subjective evaluations are widely used, but call for different contracts from traditional moral-hazard settings. Previous literature shows that contracts require payments to third parties, which real-world contracts rarely use. I show that the implicit assumption of deterministic contracts makes...

Persistent link: https://www.econbiz.de/10013311715

Incentives and Creativity in Groups

Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - 2013

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...

Persistent link: https://www.econbiz.de/10010319399

Rig Services and Taxation

Osmundsen, Petter - 2014

A long period of rig scarcity and high rates has led to innovation in the procurement of rig services and in relationships between oil companies and rig contractors. Discussions have been conducted on joint ventures between companies and contractors, for instance. This paper describes and...

Persistent link: https://www.econbiz.de/10010420715

Does Pre-Play Social Interaction Improve Negotiation Outcomes?

Brañas-Garza, Pablo; Cabrales, Antonio; Mateu, Guillermo; … - 2018

We study experimentally the impact of pre-play social interactions on negotiations. These interactions are often complex. Thus, we attempt to isolate the impact of several of its more common components: conversations, food, and beverages, which could be alcoholic or nonalcoholic. To do this, our...

Persistent link: https://www.econbiz.de/10012018130

Organizational Capacity and Profit Shifting

Bilicka, Katarzyna Anna; Scur, Daniela - 2021

This paper analyses the effect of a firm's organizational capacity on the reported profitability of multinational enterprises (MNEs). Better organizational practices improve productivity and the potential taxable profits of firms. However, higher adoption of these practices may also enable more...

Persistent link: https://www.econbiz.de/10012657990

Does Pre-Play Social Interaction Improve Negotiation Outcomes?

Brañas-Garza, Pablo - 2019

Persistent link: https://www.econbiz.de/10012892146

Organizational Capacity and Profit Shifting

Bilicka, Katarzyna Anna; Scur, Daniela - 2021

This paper analyses the effect of a firm’s organizational capacity on the reported profitability of multinational enterprises (MNEs). Better organizational practices improve productivity and the potential taxable profits of firms. However, higher adoption of these practices may also enable...

Persistent link: https://www.econbiz.de/10013212267