Related articles:
Law of agency
Agency cost
Moral hazard
Commission (remuneration)
Market failure
Strategic misrepresentation
Agent (economics)
Governance
Structure and agency
Information asymmetry
Political corruption
Contract
Key terms:
workers
incentive
principal
contracts
employee
compensation
measures
evaluation
efficiency
tournaments
wages
employer
productivity
performance evaluation
monitoring
supervisors
costly
intensity
optimal
mechanisms
energy efficiency
piece rates
principal agent
arises
tenant
landlord
profits
incentive structures
rewarded
bonuses
adopter
prendergast
deferred compensation
empirical
exogenous
problem arises
more likely
rosen
agency theory
some extent
constructive
social capital
deming
relationship between
empirical evidence
inefficient
holmstrom
diversified
quota
supervisory
efficiency wages
milgrom
workers may
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