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Bonus pools and the informativeness principle
Imhof, Lorens; Kräkel, Matthias - In: European economic review : EER 66 (2014), pp. 180-191
Persistent link: https://www.econbiz.de/10010423081
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Tournaments with gaps
Imhof, Lorens; Kräkel, Matthias - In: Economics letters 122 (2014) 2, pp. 211-214
Persistent link: https://www.econbiz.de/10010395184
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Bonus pools and the informativeness principle
Imhof, Lorens; Kräkel, Matthias - 2013
further bene.t from combining worker compensation via a bonus-pool contract and relative performance evaluation. Such …
Persistent link: https://www.econbiz.de/10010198505
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Should you allow your agent to become your competitor? : on non-compete agreements in employment contracts
Kräkel, Matthias; Sliwka, Dirk - 2006
employment contract. We show that not imposing such an agreement can be beneficial for the principal as the possibility to leave …
Persistent link: https://www.econbiz.de/10010371071
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On the adverse selection of organizations
Kräkel, Matthias - 2006
According to New Institutional Economics, two or more individuals will found an organization, if it leads to a benefit compared to market allocation. A natural consequence will then be internal rent seeking. We discuss the interrelation between profits, rent seeking and the foundation of...
Persistent link: https://www.econbiz.de/10010366531
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On adverse selection of technologies
Kräkel, Matthias - In: Journal of institutional and theoretical economics : JITE 164 (2008) 2, pp. 343-355
Persistent link: https://www.econbiz.de/10003721041
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On the adverse selection of organizations
Kräkel, Matthias (contributor) - 2006
According to New Institutional Economics, two or more individuals will found an organization, if it leads to a benefit compared to market allocation. A natural consequence will then be internal rent seeking. We discuss the interrelation between profits, rent seeking and the foundation of...
Persistent link: https://www.econbiz.de/10003383675
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On the "adverse selection" of organizations
Kräkel, Matthias (contributor) - 2006
According to New Institutional Economics, two or more individuals will found an organization, if it leads to a benefit compared to market allocation. A natural consequence will then be internal rent seeking. We discuss the interrelation between profits, rent seeking and the foundation of...
Persistent link: https://www.econbiz.de/10003384915
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Tournaments with gaps
Imhof, Lorens; Kräkel, Matthias - In: Economics Letters 122 (2014) 2, pp. 211-214
A standard tournament contract specifies only tournament prizes. If agents’ performance is measured on a cardinal scale …, the principal can complement the tournament contract by a gap which defines the minimum distance by which the best …
Persistent link: https://www.econbiz.de/10011041826
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Bonus pools and the informativeness principle
Imhof, Lorens; Kräkel, Matthias - In: European Economic Review 66 (2014) C, pp. 180-191
further benefit from combining worker compensation via a bonus-pool contract and relative performance evaluation. Such …
Persistent link: https://www.econbiz.de/10011048586