WebI analyze optimal incentive pay for envious workers when performance is non-veri–able. Incentives are implemented as relational contracts and may be contingent on individual, joint, or relative performance. I –nd the optimal wage contract to depend on the severity of the –rm™s commitment problem and the agents™propensity for envy. WebAs one stark example, under integration, it is of course the downstream party who is tempted to renege on the relational incentive contract B I (y), but under non-integration, it may be the upstream party who is tempted to renege on the relational sales contract B NI (y) if the outside option for the intermediate good is unusually high.
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Web2011 - Present12 years. Bangalore. R S Pavan Kumar & Co (RSPC) is an Accounting and Regulatory Services firm based in Bangalore, India. At RSPC we strongly believe in creating and adding value to Clients by providing prompt and high quality services. Our knowledge-based foundation and delivery propositions anchor finance and tax functions ... WebJan 26, 2016 · This paper investigates relational incentive contracts with continuous, privately observed agent types that are persistent over time. With fixed agent types, full … craobh rua
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