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Pay for Performance and Beyond
by
Holmström, Bengt
in
Bonus systems
/ Contract incentives
/ Cost functions
/ Economic models
/ Executive compensation
/ Financial incentives
/ Incentive pay
/ Incentives
/ Moral hazard models
/ Pay for performance
/ Performance metrics
/ Performance related pay
/ Portfolios
/ Rewards
/ Risk aversion
/ Sales personnel
/ Stock options
/ Utility functions
2017
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Pay for Performance and Beyond
by
Holmström, Bengt
in
Bonus systems
/ Contract incentives
/ Cost functions
/ Economic models
/ Executive compensation
/ Financial incentives
/ Incentive pay
/ Incentives
/ Moral hazard models
/ Pay for performance
/ Performance metrics
/ Performance related pay
/ Portfolios
/ Rewards
/ Risk aversion
/ Sales personnel
/ Stock options
/ Utility functions
2017
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While trying to remove the title from your shelf something went wrong :( Kindly try again later!
Do you wish to request the book?
Pay for Performance and Beyond
by
Holmström, Bengt
in
Bonus systems
/ Contract incentives
/ Cost functions
/ Economic models
/ Executive compensation
/ Financial incentives
/ Incentive pay
/ Incentives
/ Moral hazard models
/ Pay for performance
/ Performance metrics
/ Performance related pay
/ Portfolios
/ Rewards
/ Risk aversion
/ Sales personnel
/ Stock options
/ Utility functions
2017
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Journal Article
Pay for Performance and Beyond
2017
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Overview
Incentives are often associated with narrow financial rewards such as bonuses or executive stock options. But in general such rewards are just a small part of the design of incentives. Properly designed incentive systems have to take into account the full portfolio of activities that the agent can engage in, the array of instruments, many nonfinancial that are available to influence individuals and consider the factors that motivate them in different settings. Thinking about incentives as a system of interacting instruments and influences has been a major advance in the economics of incentives in recent years. In this lecture I will describe the path from pay for performance to the broader view of incentive systems.
Publisher
American Economic Association,American Economic Assoc
Subject
/ Rewards
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