The Theory Of Incentives
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Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith
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This book explains Chester Barnard’s management theory clearly, faithfully, and systematically. When Barnard published The Functions of the Executive in 1938,
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Agency Theory is a new branch of economics which focusses on the roles of information and of incentives when individuals cooperate with respect to the utilisati
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This book examines incentives at work to see how and how well coordination is achieved by motivating individual decision makers.
Language: en
Pages: 746
Pages: 746
Type: BOOK - Published: 1993 - Publisher: MIT Press
Based on their work in the application of principal-agent theory to questions of regulation, Laffont and Tirole develop a synthetic approach to this field, focu