Frederiksen, Anders; Takats, Elod - Közgazdaság-tudományi Intézet, Közgazdaság- és … - 2004
Firms use a rich set of incentives including fixed wages, bonuses, threat of firing and promise of promotion. Yet, we do not have a theoretical understanding of how such a mix of incentives can arise. This paper aims to build a theoretical model which describes the incentive mix as the solution...