When liability is not enough : regulating bonus payments in markets with advice
Year of publication: |
2024
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Authors: | Honda, Jun ; Inderst, Roman ; Ottaviani, Marco |
Published in: |
Management science : journal of the Institute for Operations Research and the Management Sciences. - Hanover, Md. : INFORMS, ISSN 1526-5501, ZDB-ID 2023019-9. - Vol. 70.2024, 2, p. 1301-1314
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Subject: | biased recommendations | liability | markets with advice | nonlinear incentives and bonus payments | regulation | Leistungsentgelt | Performance pay | Theorie | Theory | Regulierung | Regulation | Prinzipal-Agent-Theorie | Agency theory | Leistungsanreiz | Performance incentive | Asymmetrische Information | Asymmetric information | Anreiz | Incentives | Haftung | Liability |
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