Supervision and monetary incentives
This thesis extends the standard shirking model of efficiency wages to a continuum of effort levels. The generalisation completely overturns previous intuitions. In particular, the characteristic feature of the earlier theory that monitoring and pay are substitute instruments for motivating workers,...
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| Format: | Doctoral Thesis |
| Language: | English |
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Handelshögskolan i Stockholm, Samhällsekonomi (S)
1999
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-631 http://nbn-resolving.de/urn:isbn:91-7258-525-0 |