The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Employment Contracts, Influence Activities, and Efficient Organization Design
Abstract
When changing jobs is costly, efficient employment contracts usually fail to compensate workers for the effects of posthiring events and decisions. Then, when there are executives and managers with authority to make discretionary decisions, affected employees will be led to waste valuable time trying to influence their decisions. Efficient organization design counters this tendency by limiting the discretion of decisions makers, especially for those decisions that have large distributional consequences but that are otherwise of little consequence to the organization.
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Cites
Coase, R. H. (1937) · Economica · doi:10.1111/j.1468-0335.1937.tb00002.x · Cited by 23,972
Cited by
Multitask principal – agent analyses: Incentive contracts, asset ownership, and job design
Holmstrom, B., & Milgrom, P. (1991) · The Journal of Law, Economics, and Organization · doi:10.1093/jleo/7.special_issue.24 · Cited by 6,046
Self-citationFirms, Contracts, and Financial Structure
Hart, O. (1995) · doi:10.1093/0198288816.001.0001 · Cited by 4,672
The Provision of Incentives in Firms
Prendergast, C. (1999) · Journal of Economic Literature · doi:10.1257/jel.37.1.7 · Cited by 3,338
Holmstrom, B. (1989) · Journal of Economic Behavior & Organization · doi:10.1016/0167-2681(89)90025-5 · Cited by 1,648
Incentive contracts and performance measurement
Baker, G. P. (1992) · Journal of Political Economy · doi:10.1086/261831 · Cited by 1,085
Metadata
- Authors
- Milgrom, P. R.
- Venue
- Journal of Political Economy
- Publisher
- University of Chicago Press
- Published
- 1988-02
- Volume
- 96
- Issue
- 1
- Pages
- 42-60
- ISSN
- 0022-3808 (ISSN-L)
- 1537-534X
- OpenAlex
- W3020920339
- Cited by
- 633
- References
- 1
- FWCI
- 20.06
- Type
- journal article
- Language
- en
- Open access
- closed
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Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
