This Paper examines optimal incentives and performance measurement in a setting where an agent has specific knowledge … choice of performance measures and incentives depends on the agent’s knowledge, environmental risk, technological uncertainty …

, organizations endowed with firing threats significantly underperformed those using individual incentives. Our analysis also …

-powered incentives in the optimal contract. Secondly, complementing Itoh's findings, we conclude that even if there are no productive …

problem to design a contract that provides an expert with incentives to acquire and reveal information. We show that it is in … provision of incentives when the realized state is not verifiable …

leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …

This paper proposes a model which analyses not only the provision of incentives (see, e.g., Gershkov et. al 2006 and … old phase. By comparing the results of the classical incentives scheme with those of a rewarding incentives scheme, we can …