Teams And Tournaments In Relational Contracts
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| Author | : Patrick Bolton |
| Publisher | : MIT Press |
| Total Pages | : 746 |
| Release | : 2004-12-10 |
| Genre | : Business & Economics |
| ISBN | : 9780262025768 |
A comprehensive introduction to contract theory, emphasizing common themes and methodologies as well as applications in key areas. Despite the vast research literature on topics relating to contract theory, only a few of the field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the need for a comprehensive textbook on contract theory suitable for use at the graduate and advanced undergraduate levels. It covers the areas of agency theory, information economics, and organization theory, highlighting common themes and methodologies and presenting the main ideas in an accessible way. It also presents many applications in all areas of economics, especially labor economics, industrial organization, and corporate finance. The book emphasizes applications rather than general theorems while providing self-contained, intuitive treatment of the simple models analyzed. In this way, it can also serve as a reference for researchers interested in building contract-theoretic models in applied contexts.The book covers all the major topics in contract theory taught in most graduate courses. It begins by discussing such basic ideas in incentive and information theory as screening, signaling, and moral hazard. Subsequent sections treat multilateral contracting with private information or hidden actions, covering auction theory, bilateral trade under private information, and the theory of the internal organization of firms; long-term contracts with private information or hidden actions; and incomplete contracts, the theory of ownership and control, and contracting with externalities. Each chapter ends with a guide to the relevant literature. Exercises appear in a separate chapter at the end of the book.
| Author | : Anjan V. Thakor |
| Publisher | : World Scientific |
| Total Pages | : 197 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 9814343552 |
This book, written entirely by faculty at the Olin Business School, Washington University in St. Louis, provides a variety of practical and implementable perspectives on innovation for managers. In addition, the book contains chapters that provide reviews of the academic research on innovation in the faculty members'' specific areas of expertise. In taking this multifunctional approach to innovation, the focus of the book is not just on what is currently considered to be OC best practiceOCO. Rather, it is on bringing to managers the cutting-edge knowledge that is being generated by academic research that goes beyond current best practice.
| Author | : Robert Gibbons |
| Publisher | : Princeton University Press |
| Total Pages | : 1248 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 0691132798 |
(E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.
| Author | : Michael J. Cozzillio |
| Publisher | : |
| Total Pages | : 1104 |
| Release | : 2005 |
| Genre | : Law |
| ISBN | : |
Sports and Inequality is a comprehensive collection of annotated writings examining the legal and social implications of discrimination in both the professional and amateur sports contexts. The text examines the full scope of sports discrimination issues, specifically, the history of and contemporary experience with discrimination based on race, gender, disability, and sexual orientation. The text features an introductory chapter on the inter-relationship of law, culture, and sports, and discrete introductory overviews of the American experience with race, gender, disability, and sexual orientation. The text provides a detailed examination of sports discrimination issues, including disparities in employment and educational contexts and the exclusion of persons from public facilities or services based on race, gender, or disability. Topics include racial inequalities on the playing fields and in the front offices of amateur and professional sports; the impact of NCAA eligibility criteria; the effects and future of Title IX; gender segregation and exclusion in professional sports; the impact and persistence of private clubs; the relationship between sports and sexual violence; covert and overt homophobia and sexual orientation discrimination in sports; and sports opportunities for people with disabilities. The text considers its topics from a broad spectrum of perspectives, utilizing both legal and non-legal resources such as judicial opinions, statutory provisions, and articles and book excerpts from a variety of disciplines to offer a wide-ranging survey of views on sports and inequality. The writings are supplemented with extensive notes, questions, references, and in-class exercises. The text is designed to be accessible to a variety of audiences, and is appropriate for use in law school courses, as well as in undergraduate and graduate courses. As the only text to offer a comprehensive and detailed treatment of its topic, it is also uniquely valuable as a research tool for academics, journalists, or interested lay readers.
| Author | : Orley Ashenfelter |
| Publisher | : Elsevier |
| Total Pages | : 862 |
| Release | : 2010-10-28 |
| Genre | : Social Science |
| ISBN | : 0444534512 |
What new tools and models are enriching labor economics?Developments in Research Methods and their Application, Volume 4A summarizes recent advances in the ways economists study wages, employment, and labor markets. Mixing conceptual models and empirical work, contributors cover subjects as diverse as field and laboratory experiments, program evaluation, and behavioral models. The combinations of these improved empirical findings with new models reveal how labor economists are developing new and innovative ways to measure key parameters and test important hypotheses. - Investigates recent advances in methods and models used in labor economics - Demonstrates what these new tools and techniques can accomplish - Documents how conceptual models and empirical work explain important practical issues
| Author | : Ian R. MacNeil |
| Publisher | : |
| Total Pages | : 412 |
| Release | : 2001 |
| Genre | : |
| ISBN | : |
| Author | : Suren Basov |
| Publisher | : Springer |
| Total Pages | : 181 |
| Release | : 2016-05-20 |
| Genre | : Business & Economics |
| ISBN | : 9811010412 |
This book investigates the ways in which social norms and bounded rationality shape different contracts in the real world. It brings into focus existing research into optimal contracts, draws important lessons from that research, and outlines prospects for future investigation. Bounded rationality has acknowledged effects on the power of incentive provisions, such as deviations from sufficient statistic theorem, the power of optimal incentives, and the effects of optimal contracts in multicultural environments. The introduction of social norms to bounded rationality opens up new avenues of investigation into contracts and mechanism design. This book makes an important contribution to the study of bounded rationality by pulling together many separate strands of research in the area of mechanism design, and providing detailed analysis of the impact of societal values on contracts.
| Author | : Sergiy Butenko |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 222 |
| Release | : 2010-08-25 |
| Genre | : Business & Economics |
| ISBN | : 3642132057 |
During the last century, we have witnessed the birth and evolution of sport as an economic activity, which has created jobs on the one hand, but also problems of management on the other. This process has not been immune from the parti- lar characteristics associated with sport, typically united here more than in other activities: technique, physical effort, entertainment and passion. And all this within a framework of ever-increasing consumption of ?nancial resources. It is not s- prising, therefore, that commonly-used economic models, based on mechanistic approaches, do not provide a viable solution to increasingly complex and incre- ingly frequent problems. Any attempt to apply such an approach in this technical, economic and ?nancial context can only result in failure. The high degree of subj- tivity inherent in sporting activity requires new tools, in which remodeled conc- tual, theoretical and technical elements should play an important role. Complexity, uncertainty and subjectivity are therefore basic to understand, and deal with, the phenomenon of sport. The necessity of resorting to these elements was identi?ed over a quarter of a century ago by a small group of professors and researchers at the University of Barcelona. Together we started the ?rst postgraduate courses and organized se- nars to alert sports centre managers, as well as to make private and public organi- tions aware of the increasing importance of a proper, speci?c management for sports organizations.
| Author | : Luis Gomez-Mejia |
| Publisher | : Routledge |
| Total Pages | : 247 |
| Release | : 2008-08-06 |
| Genre | : Business & Economics |
| ISBN | : 1135974284 |
Part of Routledge’s Global HRM series, this unique new text gives an in-depth and detailed analysis of the key themes and emerging topics faced by global enterprises when dealing with compensation issues today
| Author | : David Kreps |
| Publisher | : W. W. Norton & Company |
| Total Pages | : 188 |
| Release | : 2018-01-09 |
| Genre | : Business & Economics |
| ISBN | : 0393254100 |
Renowned Stanford economist David M. Kreps reveals the fundamental principles of employee motivation. Getting your employees to do their best work has never been easy. But it is a particular challenge for knowledge workers, who must attend to many different tasks and whose to-do list is often ambiguous, requiring outside-the-box thinking. Lists of dos and don’ts are rarely effective. Instead, your best bet is to align their interests with your own—the heart of motivation—and set them free to use their own drive and creativity on their, and your, behalf. But how do you align their interests with your own? How do you avoid incentive schemes that warp priorities, encourage perfunctory and sloppy work, or cause unethical behavior? In The Motivation Toolkit, economist and management expert David Kreps offers a variety of tools, drawn from the disciplines of economics and social psychology, that you can adapt to your specific situation to achieve better motivation. This starts with understanding both the economic and social relationship your employees have with their work, their jobs, and your organization, then using that understanding to find economic or psychological motivators that will work. Whatever your business, and whether you’re a newly minted manager, a seasoned executive hungry for your employees’ best work, or a curious leader looking for new ways to be effective, The Motivation Toolkit will prove a useful and enlightening read.
