The Effect of Uncertainty and Information Asymmetry on the Structure of Compensation Contracts: A Test of Competing Models

This research note reports results of a laboratory experiment conducted as a follow-up investigation of an earlier study by Umanath, Ray and Campbell (1993). Here, we focus on a specific unexpected result of Umanath et al. who found evidence contradicting the theoretical prediction with respect to t...

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Veröffentlicht in:Management Science. - Institute for Operations Research and the Management Sciences, 1954. - 42(1996), 6, Seite 868-874
1. Verfasser: Umanath, Narayan S. (VerfasserIn)
Weitere Verfasser: Ray, Manash R., Campbell, Terry L.
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 1996
Zugriff auf das übergeordnete Werk:Management Science
Schlagworte:Compensation Plans Agency Theory Incentive Contracts Salary-Incentive Mix Information Asymmetry Business Behavioral sciences Physical sciences Political science Economics Mathematics