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Agency theory and work incentives

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  • Maurizio Lisciandra

Abstract

Agency Theory and Work Incentives (by Maurizio Lisciandra) - ABSTRACT: This paper is an extensive review of agency theory applied to labour incentives. It introduces a generalised principal-agent model that goes through a certain degree of critical assessment. The analysis of the optimality within the trade-off of insurance against incentives is enriched by bringing in the contribution of established extensions and new approaches to the agency theory and, to a larger extent, labour incentives. Keywords: Agency Theory, Incentives, Labour Contracts

Suggested Citation

  • Maurizio Lisciandra, 2007. "Agency theory and work incentives," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2007(91), pages 117-146.
    • Handle: RePEc:fan:steste:v:html10.3280/ste2007-091006
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