The economic psychology of incentives : new design principles for executive pay
著者
書誌事項
The economic psychology of incentives : new design principles for executive pay
Palgrave Macmillan, 2015
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注記
Includes bibliographical references (p. 160-172) and indexes
内容説明・目次
内容説明
This 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.
目次
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
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