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The Economic Psychology of Incentives: New Design Principles for Executive Pay

The Economic Psychology of Incentives: New Design Principles for Executive Pay

Hardcover

Business GeneralManagement

ISBN10: 1137409231
ISBN13: 9781137409232
Publisher: Springer Nature
Published: Jul 8 2015
Pages: 181
Weight: 0.82
Height: 0.50 Width: 5.50 Depth: 8.50
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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