Showing 1 - 10 of 40
his employer. This paper uses a principalagent model to study optimal incentive contracts for envious workers under …, increases optimal incentive pay. Moreover, envy can make profitsharing optimal, even when the worker's effort is fully … awarded stock options, why incentive pay is usually lower in non-profit organizations, and higher in larger firms. Envy may …
Persistent link: https://www.econbiz.de/10010261264
applications of our theoretical work: envy can explain why a lower-level worker is awarded stock options, why incentive pay is …
Persistent link: https://www.econbiz.de/10010325487
Inspired by a recent observation about an online retail company, this paper explains why a firm may find it optimal to offer an exit bonus to recent hires so as to induce self-selection. We study a double adverse selection problem, in which the principal can neither observe agents’ commitment...
Persistent link: https://www.econbiz.de/10010326509
Inspired by a recent observation about an online retail company, this paper explains why a firm may find it optimal to offer an exit bonus to recent hires so as to induce self-selection. We study a double adverse selection problem, in which the principal can neither observe agents’ commitment...
Persistent link: https://www.econbiz.de/10011431184
his employer. This paper uses a principal-agent model to study optimal incentive contracts for envious workers under …, increases optimal incentive pay. Moreover, envy can make profitsharing optimal, even when the worker’s effort is fully … awarded stock options, why incentive pay is usually lower in non-profit organizations, and higher in larger firms. Envy may …
Persistent link: https://www.econbiz.de/10005765867
applications of our theoretical work: envy can explain why a lower-level worker is awarded stock options, why incentive pay is …
Persistent link: https://www.econbiz.de/10005136986
applications of our theoretical work: envy can explain why a lower-level worker is awarded stock options, why incentive pay is …
Persistent link: https://www.econbiz.de/10011256032
Inspired by a recent observation about an online retail company, this paper explains why a firm may find it optimal to offer an exit bonus to recent hires so as to induce self-selection. We study a double adverse selection problem, in which the principal can neither observe agents’ commitment...
Persistent link: https://www.econbiz.de/10011256343
motivation, and characterise optimal incentive contracts for public sector workers under different informational assumptions …
Persistent link: https://www.econbiz.de/10010261219
motivation, and characterise optimal incentive contracts for public sector workers under different informational assumptions …
Persistent link: https://www.econbiz.de/10010325258