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More on Moral Hazard in Organizations: Reply

✍ Scribed by Martin Gaynor


Book ID
125292804
Publisher
Springer US
Year
1992
Tongue
English
Weight
635 KB
Volume
74
Category
Article
ISSN
0048-5829

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πŸ“œ SIMILAR VOLUMES


More on moral hazard in organizations: R
✍ Martin Gaynor πŸ“‚ Article πŸ“… 1992 πŸ› Springer US 🌐 English βš– 319 KB

The paper by Thomas Hammond and Gary Miller is an insightful comment on the relevance of budget-breaking incentive schemes to real world organizations. They have made a valuable contribution in considering this line of research within a broader context. Nonetheless, they have not established the inv

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Modern construction projects are developing towards large-scale, complex and integrated. The management of construction projects needs support of new organization systems. Based the latest results in the field of project management and the theory of manufacturing visual organization, using the game

Moral hazard in work organizations: A co
✍ Thomas H. Hammond; Gary J. Miller πŸ“‚ Article πŸ“… 1992 πŸ› Springer US 🌐 English βš– 687 KB

A key question in the economics of organization is whether it is possible to induce a group of employees to produce some quota of labor desired by the director of their organization. Holmstr6m (1982) argued that it is possible to achieve the desired result via a simple incentive scheme. The essence