Quota bonuses with heterogeneous agents

Autor: András Kálecz-Simon, Barna Bakó
Rok vydání: 2013
Předmět:
Zdroj: Economics Letters. 119:316-320
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2013.03.008
Popis: Theoretical articles on incentive systems almost exclusively focus on linear compensations, while, in practice, nonlinear elements, such as quota bonuses, are not uncommon. Our article tries to bridge that gap; it shows how the use of quotas can increase the owners’ profits, which agents are targeted by these incentives, and which factors determine the optimal bonus.
Databáze: OpenAIRE