question by solving a manager's decision problem under a specific executive compensation structure. Specifically, I study how … flat wage and stock compensation affect the manager's investment decision. I show that the allocation is the same … that the manager invests less in firm-specific technology and more in the aggregate stock market as the risk of the firm …

attract more demand, and one way to achieve that is to offer attractive incentives. However, most research on the optimal … design of salesforce incentives ignores this dependency and assumes that operational decisions of production …/inventory management are separable from design of salesforce incentives. We investigate this dependency in the problem of joint salesforce …

This paper investigates the effect of firms’ tournament-based incentives (TI) on leasing. Measuring TI as the pay gap …

incentives. Our first finding, like some previous studies, lends little support to the view that incentives increase effort … aggregated to the day. Our data allow us to look within the workday. We find that workers do respond to incentives within the day …

We analyze the optimal decision-making hierarchy in an organization when decision-makers of limited liability have …, every decision is made by a different agent. In a vertical hierarchy, one agent is in charge of all decisions. Only this … agent is incentivized. This advantage is outweighed if there is a horizontal hierarchy so that the decision …