choice of performance measures and incentives depends on the agent’s knowledge, environmental risk, technological uncertainty …This Paper examines optimal incentives and performance measurement in a setting where an agent has specific knowledge …, and job complexity. The theory leads to several novel predictions, as well as new explanations for existing empirical …

This paper presents a market equilibrium model of CEO assignment, pay and incentives under risk aversion and … regulation) do not affect pay. The strength of incentives depends only on the disutility of effort and is independent of risk and … risk aversion. If the CEO affects the volatility as well as mean of firm returns, incentives rise and are increasing in …

standards? Second, does UI exhaustion have much effect on the probability of getting a job through increasing incentives to work …

. The way the scheme has been designed raises many questions for which theory makes predictions. We test these predictions …

organization to manipulate the incentives of politicians to provide effort. We show that intra- and inter-party competition … interact to shape these incentives. We also get new insights on the role of information, polarization, and on the value of … use our theory to interpret the introduction of the Direct Primary system in the USA at the beginning of the 20th century. …

A substantial body of research investigates the design of incentives in firms, yet less is known about incentives in …. Third, contrary to existing laboratory evidence, financial incentives do not crowd out intrinsic motivation in this setting. …