Go back
Discretion In Managerial Bonus Pools(1st Edition)
Authors:
Merle Ederhof, Madhav V. Rajan, Stefan Reichelstein
Cover Type:Hardcover
Condition:Used
In Stock
Include with your book
Free shipping: April 04, 2024Popular items with books
Access to 3 Million+ solutions
Free ✝
Ask 10 Questions from expert
200,000+ Expert answers
✝ 7 days-trial
Total Price:
$0
List Price: $75.00
Savings: $75(100%)
Book details
ISBN: 1601984545, 978-1601984548
Book publisher: Now Publishers Inc (May 31, 2011)
Get your hands on the best-selling book Discretion In Managerial Bonus Pools 1st Edition for free. Feed your curiosity and let your imagination soar with the best stories coming out to you without hefty price tags. Browse SolutionInn to discover a treasure trove of fiction and non-fiction books where every page leads the reader to an undiscovered world. Start your literary adventure right away and also enjoy free shipping of these complimentary books to your door.
Discretion In Managerial Bonus Pools 1st Edition Summary: Discretion in Managerial Bonus Pools synthesizes and integrates a growing literature that has emerged over the past 10-15 years on the use of both objective and subjective performance indicators in managerial incentive plans. The authors examine the structure of efficient bonus pools (fixed payment schemes) in the presence of subjective performance indicators. The analysis covers a range of scenarios including single- and multi-agent settings, the interplay of objective and subjective indicators and short-term as opposed to long-term contracting relations. To synthesize the existing research, the authors frame their exposition around five recurring themes which collectively speak to the structure and the efficiency of incentive schemes based on subjective information: (i) Value of Subjective Performance Indicators (ii) Incremental Agency Cost (iii) Compression of Optimal Incentive Contracts (iv) Optimality of Proper Bonus Pools (v) Value of Multiperiod Contracting Discretion in Managerial Bonus Pools analyzes optimal incentive contracts for an individual agent. It focuses on contracting with multiple agents and introduces multi-period considerations. Throughout this monograph, the authors provide more specific references to individual results and proofs of formal propositions are provided in the Appendix of this monograph only when such proofs cannot be found elsewhere or to emphasize a particular proof technique.
Customers also bought these books
Frequently Bought Together
Personal Finance Turning Money Into Wealth - 8th Edition
Arthur Keown
ISBN: 0134730364, 978-0134730363
$0 $379.00
A First Course in the Finite Element Method - 6th edition
Daryl L. Logan
ISBN: 1305635116, 978-1305887176, 1305887174, 978-1305635111
$0 $244.95
Equity Valuation And Analysis - 6th Edition
Russell Lundholm
ISBN: B0C47Q56BG, 979-8391138884
$0 $75.00
Differential And Integral Calculus Volume 2 - 1st Edition
Richard Courant
ISBN: 0471608408, 978-0471608400
$0 $39.00
Financial Freedom After $100k Plus In Credit Card Debt - 1st Edition
Og Gonzalez
ISBN: 979-8395201195
$0 $11.99Top Reviews for Books
Brenda Hernandez
( 5 )
"Delivery was considerably fast, and the book I received was in a good condition."