Repositorio
Compensation and agent heterogeneity
Título
Compensation and agent heterogeneity
Código de publicación
- AD-00075
Autores/as
- Krause, M.
Clave
- Artículo de investigación
Colaboradores/as
Claves o descriptores
Descripción
- Personnel Economics has allowed us to better understand compensation schemes in face of the problems coming out of the principal-agent relationship, with individuals pursuing their own private interests making necessary a mechanism to promote the alignment of interests within the organization. The theory had to simplify its assumptions, particularly reducing the utility maximization principle to its monetary value. This paper considers the need to introduce the “heterogeneity” of agents for monetary and non-monetary incentives. There are problems with the limitation of knowledge and the possibility preferences may be revealed through some kind of exchange in which the principal offers a “menu of contracts”.
Localización
Revista | libro
- Espacios, 37(24), p. 2.
Idioma
- Inglés
Editor
Año de publicación
- 2016
Formato
Identificador (ISBN/ISSN)
DOI o URI/URL
- https://www.revistaespacios.com/a16v37n24/16372402.html
Derechos
- Abiertos
Fichero
- Disponible