Relational Contracts, Multiple Agents, and Correlated Outputs
نویسندگان
چکیده
منابع مشابه
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Firms often use both objective/verifiable and subjective/non-verifiable performance measures to provide employees with effort incentives. We study a principal/multi-agent model in which a verifiable team-based performance measure and nonverifiable individual performance measures (one for each agent) are available for contracting. A problem with tying rewards to non-verifiable measures is that t...
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ژورنال
عنوان ژورنال: Management Science
سال: 2019
ISSN: 0025-1909,1526-5501
DOI: 10.1287/mnsc.2018.3162