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Author:Baker, G.
Title:The use of performance measures in incentive contracting
Journal:American Economic Review
2000 : MAY, VOL. 90:2, p. 415-420
Index terms:ECONOMICS
INCENTIVES
CONTRACTS
Language:eng
Abstract:The strength of incentives used in an organization and the productivity of employees that results from these incentives depend to a large degree on the characteristics of the performance measures available to the organization. Some employees work under high-powered explicit incentive contracts, while others have no explicit incentive contracts at all. The ability of agency theory to predict the pattern of incentive provision in organizations has not been very impressive.
SCIMA record nr: 214985
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