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Incentives, Cooperation and Risk Sharing: Economic and Psychological Perspectives on Employment Contracts

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Under the pressure of growing foreign competition, many American firms are entering into incentive contracts with their employees. As a result, the standard fixed-wage system is gradually giving way to a more diversified system of remuneration in which a significant portion of employee income is based upon some measure of the firm's performance. In this volume, a group of economists, industrial psychologists, and business and labor professionals examine the merits of alternative forms of remuneration. The contributors ...

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Incentives, Cooperation and Risk Sharing: Economic and Psychological Perspectives on Employment Contracts 1988, Rl Innactive Titles

ISBN-13: 9780847674640

Hardcover