New Design Principles for Executive Pay
181 Seiten, Gebunden, Book, Format (B × H): 140 mm x 216 mm, Gewicht: 3452 g
Verlag: SPRINGER NATURE
Pepper The Economic Psychology of IncentivesThis book proposes a revised theory of agency, drawing on ideas from behavioural economics and built on more robust assumptions about human behaviour than the standard principal-agent model. The book proposes new design principles for executive pay, but also explains the difficulties in changing current executive pay practices.
Weitere Infos & Material
1. Introduction 2. Long-term incentive plans 3. Behavioural agency theory 4. Risk, uncertainty and time discounting 5. Intrinsic motivation and the crowding-out conjecture 6. Fairness as a precondition for profit-seeking 7. New design principles for executive pay