Brosig-Koch, Jeannette; Lukas, Christian; Riechmann, Thomas - In: Business research 3 (2010) 1, pp. 8-35
Non-monotone incentive structures, which - according to theory - are able to induce optimal behavior, are often regarded as empirically less relevant for labor relationships. We compare the performance of a theoretically optimal non-monotone contract with a monotone one under controlled...