The Economic Psychology of Incentives

New Design Principles for Executive Pay

Business & Finance, Management & Leadership, Management, Nonfiction, Social & Cultural Studies, Social Science, Sociology
Cover of the book The Economic Psychology of Incentives by A. Pepper, Palgrave Macmillan UK
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Author: A. Pepper ISBN: 9781137409256
Publisher: Palgrave Macmillan UK Publication: July 7, 2015
Imprint: Palgrave Macmillan Language: English
Author: A. Pepper
ISBN: 9781137409256
Publisher: Palgrave Macmillan UK
Publication: July 7, 2015
Imprint: Palgrave Macmillan
Language: English

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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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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