The Economic Psychology of Incentives: New Design Principles for Executive Pay
by A. Pepper | Palgrave Macmillan | eText ISBN 9781137409256
This book proposes a revised theory of agency, drawing on ideas from behavioural economics and built on more robust assumptions about human behaviour than the standard principal-agent model. The book proposes new design principles for executive pay, but also explains the difficulties in changing current executive pay practices.Book detailsAuthor: A....
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This book proposes a revised theory of agency, drawing on ideas from behavioural economics and built on more robust assumptions about human behaviour than the standard principal-agent model. The book proposes new design principles for executive pay, but also explains the difficulties in changing current executive pay practices.About this book
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