Hidden cost of sanctions in a dynamic principal-agent model : reactance to controls and restoration of freedom

Kohei Daido, Tomoya Tajika

Year of publication:	December 2021
Authors:	Daido, Kohei ; Tajika, Tomoya
Publisher:	Nishinomiya, Japan : School of Economics, Kwansei Gakuin University
Subject:	Dynamic principal-agent model \| Hidden cost of controls \| Psychological reactance \| Ratchet effects \| Sanction \| Prinzipal-Agent-Theorie \| Agency theory \| Sanktion \| Theorie \| Theory \| Leistungsanreiz \| Performance incentive \| Leistungsbeurteilung \| Employee performance appraisal

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