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  • 标题:PROBLEM OF ENSURING MAXIMUM LEVEL OF WORKERS' EFFORT
  • 本地全文:下载
  • 作者:Benić, Đuro
  • 期刊名称:Economic thought and practice
  • 印刷版ISSN:1330-1039
  • 出版年度:2009
  • 期号:1
  • 页码:19-42
  • 出版社:University of Dubrovnik
  • 摘要:One of the conditions of running business on the curve of long-term average cost is the insurance of a maximum worker's effort, which becomes very important when having in mind frequent interest clashes among workers, managers and company owners. The paper analyzes the principal-agent problem, i.e. the problem of a maximum workers' effort. The paper also examines how to use contracts, i.e. schemes and plans of compensations and payments that ensure for all the employees their maximum work effort. Stimulus systems, analyzed in cases of symmetric and asymmetric information, are particularly emphasized.
  • 关键词:principal; agent; incentive systems; symmetric and asymmetric information.
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