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theory of agency, notably income insurance and multi-task considerations, also shape pay policies. The conclusion we draw …
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data. Factors emphasized in the economic theory of agency, notably risk aversion, also shape pay policies but these factors …
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data. Factors emphasized in the economic theory of agency, notably risk aversion, also shape pay policies but these factors … cannot account for all the observed empirical relationships. -- incentives ; social norms ; physicians …
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