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Author:Fassina, N. E.
Title:Constraining a principal's choice: outcome versus behavior contingent agency contracts in representative negotiations
Journal:Negotiation Journal
2004 : JUL, VOL. 20:3, p. 435-459
Index terms:Negotiation
Contracts
Language:eng
Abstract:Agency theory describes the viability of outcome and behaviour contingent contracts in principal-agent transactions. This article proposes that a principal's choice between the two contract forms in a representative negotiation is constrained by the conditions that led a principal to employ an agent.
SCIMA record nr: 255906
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