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Student Selection and Incentives

✍ Scribed by Gerald Eisenkopf


Book ID
107396243
Publisher
Springer-Verlag
Year
2009
Tongue
English
Weight
228 KB
Volume
79
Category
Article
ISSN
0044-2372

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πŸ“œ SIMILAR VOLUMES


Strategic managerial incentives under ad
✍ Michel Cavagnac πŸ“‚ Article πŸ“… 2005 πŸ› John Wiley and Sons 🌐 English βš– 205 KB

## Abstract We extend the __strategic contract model__ where the owner designs incentive schemes for her manager before the latter takes output decisions. Firstly, we introduce private knowledge regarding costs __within__ each owner–manager pair. Under adverse selection, we show that delegation inv