search query: @author Prendergast, C. / total: 8
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| Author: | Prendergast, C. |
| Title: | The provision of incentives in firms |
| Journal: | Journal of Economic Literature
1999 : MAR, VOL. 37:1, p. 7-63 |
| Index terms: | INCENTIVES COMPANIES ECONOMICS |
| Language: | eng |
| Abstract: | Incentives are the essence of economics. Despite many wide-ranging claims about their supposed importance, there has been little empirical assessment of incentive provision for workers. The purpose of this paper is to critically overview existing work on the provision of incentives. Since the interests of workers and their employers are not always aligned, a large theoretical literature has emphasized how firms design compensation contracts to induce employees to operate in the firm's interest. |
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