完整後設資料紀錄
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dc.contributor.authorMatthias Kräkel
dc.date.accessioned2020-08-25T06:29:13Z-
dc.date.available2020-08-25T06:29:13Z-
dc.date.issued2006/12/01
dc.identifier.issnissn16070704
dc.identifier.urihttp://dspace.fcu.edu.tw/handle/2376/2268-
dc.description.abstractWe discuss two incentive schemes that are frequently used in practice—tournaments and piece rates. The existing literature on the comparison of these two incentive schemes has focused on the case of unlimited liability. However, real workers’ wealth is typically restricted. Therefore, this paper compares both schemes under the assumption of limited liability. The results show that piece rates dominate tournaments if idiosyncratic risk is sufficiently high despite the partial insurance effect of tournament compensation.
dc.description.sponsorship逢甲大學
dc.format.extent15
dc.language.iso英文
dc.relation.ispartofseriesinternational journal of business and economics
dc.relation.isversionofVolume5,No.3
dc.subjectincentives|piece rates|rank-order tournaments
dc.titleTournaments versus Piece Rates under Limited Liability
dc.type期刊篇目
分類:Volume05,No.3

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