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The Economic Psychology of Incentives: New Design Principles for Executive Pay de A. Pepper

The Economic Psychology of Incentives: New Design Principles for Executive Pay

Autor A. Pepper
en Limba Engleză Hardback – 8 iul 2015
This book proposes a revised theory of agency, drawing on ideas from behavioural economics and built on more robust assumptions about human behaviour than the standard principal-agent model. The book proposes new design principles for executive pay, but also explains the difficulties in changing current executive pay practices.
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Specificații

ISBN-13: 9781137409232
ISBN-10: 1137409231
Pagini: 181
Ilustrații: X, 181 p. 1 illus.
Dimensiuni: 140 x 216 x 13 mm
Greutate: 0.37 kg
Ediția:2015
Editura: Palgrave Macmillan UK
Colecția Palgrave Macmillan
Locul publicării:London, United Kingdom

Cuprins

1. Introduction 2. Long-term incentive plans 3. Behavioural agency theory 4. Risk, uncertainty and time discounting 5. Intrinsic motivation and the crowding-out conjecture 6. Fairness as a precondition for profit-seeking 7. New design principles for executive pay

Notă biografică

Alexander Pepper is Professor of Management Practice in the Department of Management at the London School of Economics and Political Science, UK. He was previously a partner at Pricewaterhousecoopers, where he held various senior management roles, including Global Leader of the Human Resource Services consulting practice from 2002-2006.