Narrow search
Showing 1 - 10 of 1,863
Cover Image
Fairness, incentives and contractual incompleteness
Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2001
We show that concerns for fairness may have dramatic consequences for the optimal provision of incentives in a moral … incentives and become superior when there are also fair-minded players. These predictions are strongly supported by the results …
Persistent link: https://www.econbiz.de/10011398105
Cover Image
Fairness and contract design
Fehr, Ernst; Klein, Alexander; Schmidt, Klaus M. - 2005 - This version: November 5, 2005
provide powerful incentives and are superior to explicit incentive contracts when there are some fair-minded players. But …, which offer important new insights into the interaction of contract choices, fairness and incentives. …
Persistent link: https://www.econbiz.de/10010371080
Cover Image
Contract theory in the spotlight : Oliver Hart and Bengt Holmström, 2016 Nobel Prize winners
Fleckinger, Pierre; Martimort, David - In: Revue d'économie politique 128 (2018) 4, pp. 493-533
Persistent link: https://www.econbiz.de/10011943020
Cover Image
Agency theory meets matching theory
Macho-Stadler, Inés; Pérez-Castrillo, J. David - 2019
Persistent link: https://www.econbiz.de/10012207399
Cover Image
Are CEOs paid extra for riskier pay packages?
Albuquerque, Ana; Albuquerque, Rui; Carter, Mary Ellen; … - 2020
Persistent link: https://www.econbiz.de/10012301018
Cover Image
Optimal procurement of a credence good under limited liability
Bester, Helmut; Ouyang, Yaofu - 2017
This paper analyzes the optimal contract for a consumer to procure a credence good from an expert when (i) the expert might misrepresent his private information about the consumer’s need, (ii) the expert might not choose the requested service since his choice of treatment is non-observable,...
Persistent link: https://www.econbiz.de/10011781931
Cover Image
Contract choice : efficiency and fairness in revenue‐sharing contracts
Karakostas, Alexandros; Sonntag, Axel; Zizzo, Daniel John - In: The Scandinavian journal of economics 119 (2017) 4, pp. 962-986
Persistent link: https://www.econbiz.de/10011805615
Cover Image
Anreizprobleme beim Transfer der Kreditrisiken aus Buchkrediten
Henke, Sabine - 2002
Finanzintermediäre können eine portfoliotheoretisch motivierte Optimierung ihres Buchkreditportefeuilles nur unter der Bedingung realisieren, dass die Kreditrisiken am Sekundärmarkt handelbar sind. Mit Kreditverkäufen, Kreditverbriefungen und Kreditderivaten haben sich die Möglichkeiten...
Persistent link: https://www.econbiz.de/10011402083
Cover Image
Dynamic costs and moral hazard: a duality based approach
Arie, Guy - 2011
thus far puzzling use of non-linear incentives, for example in sales-force compensation. The result is obtained by …
Persistent link: https://www.econbiz.de/10009699416
Cover Image
Are you a good employee or simply a good guy? : influence costs and contract design
Corgnet, Brice; Rodríguez-Lara, Ismael - In: Journal of economic behavior & organization : JEBO 92 (2013), pp. 259-272
Persistent link: https://www.econbiz.de/10010198064