tournaments and piece rates as alternative incentive schemes has focused on the case of unlimited liability. However, in practice … characteristics of his job and on his hierarchical position, these findings have important implications for the choice of incentive …

divisions to replace high incentive pay to the division heads by incentives based on private benefits of control. In that …

Several empirical studies have challenged tournament theory by pointing out that (1) there is considerable pay … job-promotion tournament by employing a hybrid incentive scheme that includes bonus payments …