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Several noted economists briefly pay tribute to recently deceased Keynesian economist Dudley Dillard.
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For this paper there was not available nearly as much empirical materials for analysis and model construction as was the case for the authors' Guatemala study cited in this paper. However, for developing countries very deficient in data this paper importantly demonstrates how useful results can...
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Outlines previous research on compensation schemes in situations of uncertainty and explores the effects of three different plans on managers’ output decisions. Discusses the role of flat salary, profit share, actual shares and share options in increasing goal congruity between the manager and...
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