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A Better Solution to Moral Hazard in Employment Arbitration : It is Time to Ban Predispute Binding Arbitration Clauses
Amsler (formerly Bingham), Lisa Blomgren; Good, David H. - 2013
Published in new online journal: Minnesota Law Review Headnotes. Mandatory arbitration is a neologism that describes … the capacity of an economically stronger repeat player to impose an adhesive binding arbitration clause on the weaker … employment, consumer purchases, or health care. Employers and businesses adopt adhesive arbitration clauses as a means to manage …
Persistent link: https://www.econbiz.de/10014197405
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Empowerment and the dark side of delegation
Kräkel, Matthias - 2018
The existing delegation literature has focused on different preferences of principal and agent concerning project selection, which makes delegating authority costly for the principal. This paper shows that delegation has a cost even when the preferences of principal and agent are exogenously...
Persistent link: https://www.econbiz.de/10011795221
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Delegation and incentives
Bester, Helmut; Krähmer, Daniel - 2007
Persistent link: https://www.econbiz.de/10003413539
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Delegation and incentives
Bester, Helmut (contributor); Krähmer, Daniel (contributor) - 2006
This paper analyses the relation between authority and incentives. It extends the standard principal-agent model by a project selection stage in which the principal can either delegate the choice of project to the agent or keep the authority. The agent's subsequent choice of effort depends both...
Persistent link: https://www.econbiz.de/10003422618
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Separation of ownership and control : delegation as a commitment device
Boukouras, Aristotelis - 2015
Persistent link: https://www.econbiz.de/10011287665
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The value of extended delegation in dynamic agency
Schöndube-Pirchegger, Barbara; Schöndube, Jens Robert - In: Management accounting research 23 (2012) 3, pp. 158-170
Persistent link: https://www.econbiz.de/10009624451
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Separation of ownership and control : delegation as a commitment device
Boukouras, Aristotelis - 2011
This paper provides a theoretical model for explaining the separation of ownership and control in firms. An entrepreneur hires a worker, whose effort is necessary for running a project. The worker's effort determines the probability that the project will be completed on time, but the worker...
Persistent link: https://www.econbiz.de/10010348626
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A theory of delegated contracting
Gick, Wolfgang - 2016
Delegated contracting describes a widely observable agency mode where a top principal, who has no direct access to a productive downstream agent, hires an intermediary to forward a sub-contract with specified output targets and payments. The principal makes the payment to the intermediary...
Persistent link: https://www.econbiz.de/10011561061
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Delegation and incentives
Bester, Helmut; Krähmer, Daniel - In: The Rand journal of economics 39 (2008) 3, pp. 664-682
Persistent link: https://www.econbiz.de/10003761351
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Never change a winning team : Team-Entlohnung und implizite Kooperation
Sliwka, Dirk - In: Schmalenbachs Zeitschrift für betriebswirtschaftliche … 53 (2001) 8, pp. 777-797
Persistent link: https://www.econbiz.de/10001628491