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The Economic Psychology of Incentives

The Economic Psychology of Incentives

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9781137409256
Condition
New
Product Description

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.

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