Moral Hazard, Incentive Contracts and Risk: Evidence from Procurement
收藏NBER2011-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17647
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资源简介：
Deadlines and penalties are widely used to incentivize effort. We model how these incentive contracts affect the work rate and time taken in a procurement setting, characterizing the efficient contract design. Using new micro-level data on Minnesota highway construction contracts that includes day
提供机构：
美国国家经济研究局
创建时间：
2011-12-01
