and the firm can base its incentive payments on good information. Competition, however, may allow themarket and explicit …

information transmission is possible with unmediated communication. …

We examine the implementation of efficient decisions about accepting a special order with asymmetric information by … product. Each division manager has private information about the divisional parameters (production costs and profit margin … they indicate the true information in the accounting stage. If they choose to report untruthfully then they suffer a loss …

than in the stable environment. This finding is in line with standard agency theory and contrasts a distinct element of … expectancy theory; noisier performance measures do not lower work motivation. …

This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …

parties under conditions of incomplete and asymmetric information are analysed with the help of the system theory and the … Prinzipal-Agent-Theorie herausgearbeitet und Handlungsempfehlungen für das Schnittstellenmanagement aufgezeigt. … principal agent theory. Recommendations for the management of branded entertainment productions are given, while instruments …